Gratomic Inc. (OTCMKTS:CBULF – Get Rating) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 3,100 shares, a decrease of 41.5% from the September 15th total of 5,300 shares. Based on an average daily volume of 49,000 shares, the days-to-cover ratio is presently 0.1 days.
Gratomic Trading Down 2.9 %
CBULF traded down $0.01 during trading on Thursday, reaching $0.33. 3,054 shares of the company traded hands, compared to its average volume of 51,542. Gratomic has a 12-month low of $0.19 and a 12-month high of $1.23. The firm has a fifty day simple moving average of $0.30 and a 200 day simple moving average of $0.35.
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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.Recommended Stories
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