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Gratomic Inc. (OTCMKTS:CBULF) Sees Significant Growth in Short Interest

Financial News Live ·  Aug 29, 2022 11:01

Gratomic Inc. (OTCMKTS:CBULF – Get Rating) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 74,000 shares, an increase of 47.1% from the July 31st total of 50,300 shares. Based on an average daily volume of 223,700 shares, the short-interest ratio is presently 0.3 days.

Gratomic Trading Down 5.6 %

CBULF stock traded down $0.02 during mid-day trading on Monday, hitting $0.30. 31,600 shares of the stock were exchanged, compared to its average volume of 55,710. The business has a fifty day moving average price of $0.27 and a 200 day moving average price of $0.48. Gratomic has a 12 month low of $0.19 and a 12 month high of $1.23.

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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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