Focus Graphite Inc. (OTCMKTS:FCSMF) Short Interest Update

Focus Graphite Inc. (OTCMKTS:FCSMF) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 204,490 shares, a growth of 924.6% from the August 15th total of 19,958 shares. Based on an average daily trading volume, of 43,915 shares, the days-to-cover ratio is presently 4.7 days.

Focus Graphite Trading Up 0.1%

Shares of FCSMF stock traded up $0.00 during trading hours on Friday, hitting $0.29. 8,700 shares of the company’s stock were exchanged, compared to its average volume of 42,118. Focus Graphite has a fifty-two week low of $0.20 and a fifty-two week high of $0.54. The firm has a 50 day moving average of $0.28 and a two-hundred day moving average of $0.28.

Focus Graphite Company Profile

Focus Graphite Inc (OTCMKTS:FCSMF) is a mineral exploration and development company headquartered in Montreal, Quebec. The company is primarily focused on advancing its flagship Lac Knife flake graphite project in the Gaspésie region of eastern Quebec. Lac Knife hosts a near-surface deposit of high?quality graphite, and Focus Graphite holds 100% interest in the property. The company’s efforts are centered on resource delineation, environmental permitting and moving the project through feasibility-level studies.

To support project advancement, Focus Graphite has completed technical studies, including a preliminary economic assessment, metallurgical testing and engineering evaluations.