Greenway Technologies, Inc. (OTCMKTS:GWTI) Sees Significant Growth in Short Interest
by Michael Walen · The Markets DailyGreenway Technologies, Inc. (OTCMKTS:GWTI – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 28,213 shares, a growth of 38,025.7% from the May 14th total of 74 shares. Based on an average trading volume of 66,200 shares, the short-interest ratio is currently 0.4 days.
Greenway Technologies Stock Performance
Shares of Greenway Technologies stock traded up $0.00 during midday trading on Tuesday, hitting $0.02. The company had a trading volume of 111,000 shares, compared to its average volume of 65,266. The company has a fifty day simple moving average of $0.02 and a 200 day simple moving average of $0.03. Greenway Technologies has a 12-month low of $0.01 and a 12-month high of $0.08.
Greenway Technologies Company Profile
Greenway Technologies, Inc, through its subsidiary, Greenway Innovative Energy, Inc, engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas field/resource requirements. The company offers G-Reformer units to process various natural gas streams, including pipeline gas, associated gas, flared gas, vented gas, coal-bed methane, and/or biomass gas. It also owns mining claims covering approximately 1,440 acres on Bureau of Land Management land located in Mohave County, Arizona.