Gratomic Inc. (OTCMKTS:CBULF – Get Rating) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 94,900 shares, a growth of 123.8% from the November 30th total of 42,400 shares. Based on an average daily volume of 52,000 shares, the short-interest ratio is presently 1.8 days.
Gratomic Stock Performance
OTCMKTS:CBULF traded up $0.01 during mid-day trading on Friday, hitting $0.22. 27,508 shares of the stock traded hands, compared to its average volume of 47,701. Gratomic has a 52 week low of $0.19 and a 52 week high of $1.16. The firm's 50 day moving average is $0.26 and its two-hundred day moving average is $0.28.
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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.Further Reading
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