Focus Graphite Inc. (OTCMKTS:FCSMF – Get Rating) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 50,100 shares, an increase of 125.7% from the November 30th total of 22,200 shares. Based on an average daily volume of 242,700 shares, the days-to-cover ratio is currently 0.2 days.
Focus Graphite Stock Up 2.3 %
FCSMF stock traded up $0.01 during trading on Thursday, reaching $0.32. The stock had a trading volume of 2,690 shares, compared to its average volume of 36,561. Focus Graphite has a 52 week low of $0.07 and a 52 week high of $0.81. The stock's 50 day moving average is $0.22 and its two-hundred day moving average is $0.19.
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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.Recommended Stories
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