Focus Graphite Inc. (OTCMKTS:FCSMF) Short Interest Up 309.5% in October

by · The Markets Daily

Focus Graphite Inc. (OTCMKTS:FCSMF – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 197,400 shares, a growth of 309.5% from the September 30th total of 48,200 shares. Based on an average trading volume of 61,000 shares, the short-interest ratio is currently 3.2 days.

Focus Graphite Stock Performance

Focus Graphite stock traded down $0.00 during mid-day trading on Friday, hitting $0.06. The company’s stock had a trading volume of 1,600 shares, compared to its average volume of 17,329. The business has a 50 day moving average price of $0.08 and a 200-day moving average price of $0.09. Focus Graphite has a 12 month low of $0.06 and a 12 month high of $0.20.

Focus Graphite Company Profile

(Get Free Report)

Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.

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