Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Update

Greystone Logistics, Inc. (OTCMKTS:GLGI) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 2,200 shares, a growth of 2,100.0% from the October 31st total of 100 shares. Based on an average trading volume of 111,100 shares, the short-interest ratio is currently 0.0 days.

Greystone Logistics Price Performance

Shares of OTCMKTS GLGI opened at $0.96 on Friday. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.44. Greystone Logistics has a fifty-two week low of $0.82 and a fifty-two week high of $2.35. The business has a 50 day moving average price of $1.23 and a two-hundred day moving average price of $1.30. The firm has a market cap of $27.15 million, a PE ratio of 8.73 and a beta of 1.43.

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

About Greystone Logistics

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.