Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Up 36.4% in November

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 3,000 shares, a growth of 36.4% from the November 15th total of 2,200 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is presently 0.2 days.

Greystone Logistics Price Performance

Shares of Greystone Logistics stock traded up $0.01 on Friday, reaching $1.00. 7,201 shares of the stock were exchanged, compared to its average volume of 23,095. The firm’s 50 day moving average is $1.11 and its 200-day moving average is $1.28. The firm has a market cap of $28.28 million, a PE ratio of 9.09 and a beta of 1.38. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.54 and a current ratio of 2.11. Greystone Logistics has a one year low of $0.82 and a one year high of $2.35.

Greystone Logistics (OTCMKTS:GLGI) last posted its quarterly earnings results on Friday, October 18th. The company reported $0.01 EPS for the quarter. Greystone Logistics had a return on equity of 15.05% and a net margin of 6.00%. The company had revenue of $13.46 million during the quarter.

Greystone Logistics Company Profile

Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins in the United States. The company offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. It sells its pallets directly, as well as through a network of independent contractor distributors.