Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) Short Interest Update

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 7,417,897 shares, an increase of 36.8% from the February 26th total of 5,422,476 shares. Based on an average trading volume of 3,249 shares, the short-interest ratio is currently 2,283.1 days.

Ganfeng Lithium Group Stock Up 1.9%

Shares of OTCMKTS:GNENF opened at $9.48 on Tuesday. Ganfeng Lithium Group has a twelve month low of $1.99 and a twelve month high of $9.85. The stock’s 50 day moving average is $8.00 and its 200-day moving average is $6.93.

Ganfeng Lithium Group Company Profile

Ganfeng Lithium Group Co, Ltd. (OTCMKTS: GNENF) is one of the world’s leading producers of lithium compounds and materials, with its headquarters in Xinyu, Jiangxi Province, China. Established in December 2000, the company specializes in the extraction, refining and processing of lithium resources, serving as a key supplier to the global electric vehicle and battery industries. Ganfeng’s product portfolio includes battery-grade lithium carbonate, lithium hydroxide and metal lithium, which are integral raw materials for lithium-ion batteries, glass and ceramics, lubricants and other industrial applications.

The company’s core operations encompass upstream mining and exploration, midstream refining and downstream electrode materials and recycling services.