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Focus Graphite Inc. (OTCMKTS:FCSMF) Short Interest Down 13.8% in August

Financial News Live ·  Sep 18, 2022 13:41

Focus Graphite Inc. (OTCMKTS:FCSMF – Get Rating) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 9,400 shares, a decrease of 13.8% from the August 15th total of 10,900 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 0.4 days.

Focus Graphite Stock Performance

OTCMKTS FCSMF remained flat at $0.17 during trading hours on Friday. Focus Graphite has a 12-month low of $0.15 and a 12-month high of $0.97. The company's fifty day moving average price is $0.18 and its 200 day moving average price is $0.35.

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About Focus Graphite

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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 property is the Lac Knife property in which it holds 100% interests that consists of 57 claims covering an area of 29,863 hectares located in the Côte Nord region of Québec.

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