Greenway Technologies, Inc. (OTCMKTS:GWTI) Sees Significant Growth in Short Interest

Greenway Technologies, Inc. (OTCMKTS:GWTI) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 45,250 shares, an increase of 74.0% from the July 30th total of 26,010 shares. Based on an average daily trading volume, of 74,764 shares, the short-interest ratio is currently 0.6 days.

Greenway Technologies Price Performance

Shares of Greenway Technologies stock remained flat at $0.01 during trading on Monday. The company had a trading volume of 2,142 shares, compared to its average volume of 61,307. The business’s 50-day simple moving average is $0.02 and its 200 day simple moving average is $0.02. Greenway Technologies has a 12-month low of $0.01 and a 12-month high of $0.07.

About Greenway Technologies

Greenway Technologies, Inc, through its subsidiary, Greenway Innovative Energy, Inc, engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas field/resource requirements. The company offers G-Reformer units to process various natural gas streams, including pipeline gas, associated gas, flared gas, vented gas, coal-bed methane, and/or biomass gas. It also owns mining claims covering approximately 1,440 acres on Bureau of Land Management land located in Mohave County, Arizona.