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

Focus Graphite Inc. (OTCMKTS:FCSMF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 17,300 shares, an increase of 1,630.0% from the August 15th total of 1,000 shares. Based on an average trading volume of 326,800 shares, the days-to-cover ratio is presently 0.1 days.

Focus Graphite stock opened at $0.05 on Wednesday. Focus Graphite has a 52-week low of $0.01 and a 52-week high of $0.22. The company’s 50 day moving average is $0.06 and its two-hundred day moving average is $0.09.

About Focus Graphite

Focus Graphite Inc is an exploration and mining company, which produces graphite concentrate. Its projects include Lac Knife, Lac Tetepisca, and Lac Guinecour. The company was founded by Gary Economo and Jeffrey York on December 30, 1998 and is headquartered in Kingston, Canada.

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