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Gratomic Inc. (OTCMKTS:CBULF) Sees Large Decline in Short Interest

Financial News Live ·  Jul 20, 2022 06:01

Gratomic Inc. (OTCMKTS:CBULF – Get Rating) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 10,800 shares, a drop of 24.5% from the June 15th total of 14,300 shares. Based on an average daily trading volume, of 56,800 shares, the days-to-cover ratio is currently 0.2 days.

Gratomic Stock Performance

Shares of CBULF stock opened at $0.23 on Wednesday. The company's fifty day moving average price is $0.31 and its 200-day moving average price is $0.63. Gratomic has a 12 month low of $0.19 and a 12 month high of $1.24.

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About Gratomic

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Gratomic Inc, a junior exploration company, engages in the acquisition and exploration of assets primarily in Canada and Namibia. It explores for base and rare metals, industrial minerals, and precious metals. The company holds a 100% interest in the Aukam graphite project located in the district of Bethanie, Karas Region of southern Namibia covers an area of approximately 137,473 hectares; and a 100% interest in the Buckingham graphite property that includes eight claim blocks covering an area of approximately 480 hectares located in the Quebec, Canada.

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