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Short Interest in G6 Materials Corp. (OTCMKTS:GPHBF) Drops By 22.5%

kopsource ·  Jan 22, 2023 23:21

G6 Materials Corp. (OTCMKTS:GPHBF – Get Rating) was the target of a large decrease in short interest in December. As of December 30th, there was short interest totalling 29,600 shares, a decrease of 22.5% from the December 15th total of 38,200 shares. Based on an average daily volume of 129,200 shares, the short-interest ratio is presently 0.2 days.

G6 Materials Price Performance

GPHBF remained flat at $0.03 on Friday. The company's stock had a trading volume of 88,800 shares, compared to its average volume of 47,248. G6 Materials has a fifty-two week low of $0.02 and a fifty-two week high of $0.10. The firm's fifty day moving average price is $0.03 and its 200-day moving average price is $0.04. The stock has a market cap of $5.55 million, a P/E ratio of -3.39 and a beta of 0.61.

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About G6 Materials

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G6 Materials Corp., through its subsidiaries, develops, manufactures, and sells proprietary products based on graphene and other materials. It offers air purification materials; general purpose, flexible, high-temperature, and room temperature adhesives; advanced materials and composite formulations for businesses and daily life industries, as well as air, sea, and land applications.

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