Short Interest in Global Tech Industries Group, Inc. (OTCMKTS:GTII) Drops By 35.1%

Global Tech Industries Group, Inc. (OTCMKTS:GTII) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 146,200 shares, a drop of 35.1% from the October 31st total of 225,200 shares. Based on an average daily trading volume, of 75,300 shares, the short-interest ratio is currently 1.9 days.

Global Tech Industries Group Price Performance

Shares of GTII traded up $0.02 during mid-day trading on Friday, hitting $0.03. 6,495 shares of the company’s stock were exchanged, compared to its average volume of 323,158. Global Tech Industries Group has a 52 week low of $0.00 and a 52 week high of $0.53. The company has a 50-day simple moving average of $0.03 and a 200 day simple moving average of $0.06.

About Global Tech Industries Group

Global Tech Industries Group, Inc does not significant operations. Previously, the company was engaged in operation of an online cryptocurrency trading platform in the United States. It intends to acquire companies with significant growth opportunities. The company was formerly known as Tree Top Industries, Inc and changed its name to Global Tech Industries Group, Inc in July 2016.