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

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a decrease of 93.5% from the January 31st total of 3,100 shares. Based on an average daily volume of 55,500 shares, the days-to-cover ratio is currently 0.0 days.

Greystone Logistics Stock Performance

GLGI stock traded down $0.03 on Friday, hitting $1.00. The company’s stock had a trading volume of 10,150 shares, compared to its average volume of 30,701. The firm has a 50 day moving average of $1.03 and a two-hundred day moving average of $1.18. Greystone Logistics has a 1 year low of $0.89 and a 1 year high of $1.98. The stock has a market cap of $27.88 million, a price-to-earnings ratio of 14.29 and a beta of 1.37. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.42.

Greystone Logistics (OTCMKTS:GLGI) last announced its quarterly earnings data on Tuesday, January 14th. The company reported ($0.01) EPS for the quarter. Greystone Logistics had a return on equity of 9.78% and a net margin of 4.23%.

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.