Gratomic Inc. (OTCMKTS:CBULF – Get Rating) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 12,000 shares, a drop of 13.0% from the October 15th total of 13,800 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is presently 0.4 days.
Gratomic Stock Performance
OTCMKTS:CBULF opened at $0.27 on Thursday. Gratomic has a 12-month low of $0.19 and a 12-month high of $1.23. The company's 50-day moving average is $0.31 and its two-hundred day moving average is $0.30.
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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.Featured Stories
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