Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Up ∞ in August

by · The Cerbat Gem

Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 666 shares, a growth of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 16,695 shares, the short-interest ratio is presently 0.0 days.

Greystone Logistics Price Performance

GLGI stock opened at $0.21 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.46 and a quick ratio of 0.28. The company’s 50-day moving average is $0.23 and its 200-day moving average is $0.23. The stock has a market capitalization of $5.73 million, a PE ratio of -0.70 and a beta of -0.04. Greystone Logistics has a 1 year low of $0.14 and a 1 year high of $1.27.

Greystone Logistics (OTCMKTS:GLGI – Get Free Report) last announced its quarterly earnings results on Monday, August 31st. The company reported ($0.08) EPS for the quarter. The business had revenue of $5.56 million for the quarter. Greystone Logistics had a negative net margin of 29.91% and a negative return on equity of 54.40%.

Greystone Logistics Company Profile

(Get Free Report)

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. The company was formerly known as PalWeb Corporation and changed its name to Greystone Logistics, Inc in March 2005. Greystone Logistics, Inc was incorporated in 1969 and is based in Tulsa, Oklahoma.

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