GPO Plus, Inc. (OTCMKTS:GPOX) Stock Short Interest Rises 22,225.4%

GPO Plus, Inc. (OTCMKTS:GPOX) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 56,260 shares, an increase of 22,225.4% from the September 30th total of 252 shares. Based on an average daily volume of 132,076 shares, the days-to-cover ratio is presently 0.4 days.

GPO Plus Trading Down 2.8%

GPOX stock traded down $0.00 during mid-day trading on Monday, reaching $0.02. 160,331 shares of the stock traded hands, compared to its average volume of 253,558. The business has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.05. GPO Plus has a one year low of $0.01 and a one year high of $0.12.

GPO Plus Company Profile

GPO Plus, Inc is a wholesale distribution and group purchasing company that serves independent retailers and other businesses. The company focuses on helping customers obtain consumer products through centralized purchasing, distribution and related supply-chain services.

Its product offering has included categories such as convenience-store merchandise, beverages, snacks, health and wellness products, and other specialty consumer goods. GPO Plus has also emphasized private-label and branded products intended for retail distribution, although its product mix may change over time.

The company is based in the United States and is primarily focused on serving domestic independent retailers and specialty retail channels.