Focus Graphite Inc. (OTCMKTS:FCSMF) Short Interest Down 9.8% in April

Focus Graphite Inc. (OTCMKTS:FCSMF) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 3,700 shares, a drop of 9.8% from the March 31st total of 4,100 shares. Based on an average trading volume of 14,700 shares, the short-interest ratio is presently 0.3 days.

Focus Graphite Price Performance

OTCMKTS:FCSMF remained flat at $0.12 during trading hours on Tuesday. 96,702 shares of the company’s stock traded hands, compared to its average volume of 11,388. Focus Graphite has a twelve month low of $0.11 and a twelve month high of $0.32. The firm has a 50-day moving average of $0.12 and a 200 day moving average of $0.13.

Focus Graphite Company Profile

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 project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.