Graphite One Inc. (OTCMKTS:GPHOF) Short Interest Up 70.0% in July

Graphite One Inc. (OTCMKTS:GPHOF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,117,656 shares, an increase of 70.0% from the June 30th total of 657,616 shares. Based on an average daily volume of 466,809 shares, the short-interest ratio is currently 2.4 days.

Graphite One Stock Down 0.2%

Shares of OTCMKTS:GPHOF opened at $0.60 on Friday. The firm’s 50 day simple moving average is $0.71 and its 200-day simple moving average is $0.94. Graphite One has a one year low of $0.49 and a one year high of $1.93.

About Graphite One

Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.