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

Greystone Logistics, Inc. (OTCMKTS:GLGI) saw a large decrease in short interest in 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 trading volume of 55,500 shares, the short-interest ratio is currently 0.0 days.

Greystone Logistics Price Performance

Shares of GLGI traded down $0.03 during midday trading 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 company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.42. Greystone Logistics has a one year low of $0.89 and a one year high of $1.98. The stock has a market capitalization of $27.88 million, a price-to-earnings ratio of 14.29 and a beta of 1.37. The company’s fifty day simple moving average is $1.03 and its two-hundred day simple moving average is $1.17.

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

Greystone Logistics Company Profile

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.