Could FOCUS GRAPHITE INCORPORATED (OTCMKTS:FCSMF) Skyrocket? The Stock Has Too Many Sellers

February 12, 2018 - By Clifton Ray

The stock of FOCUS GRAPHITE INCORPORATED (OTCMKTS:FCSMF) registered an increase of 56.67% in short interest. FCSMF’s total short interest was 14,100 shares in February as published by FINRA. Its up 56.67% from 9,000 shares, reported previously. With 211,900 shares average volume, it will take short sellers 0 days to cover their FCSMF’s short positions.

The stock decreased 8.82% or $0.0045 during the last trading session, reaching $0.0465. About 7,000 shares traded. Focus Graphite Inc. (OTCMKTS:FCSMF) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Focus Graphite Inc., an exploration stage company, acquires, explores for, and develops mineral properties in Québec, Canada. The company has market cap of $13.20 million. The firm primarily explores for graphite, iron, copper, rare-earth elements, and gold deposits. It currently has negative earnings. The Company’s principal property is the Lac Knife graphite deposit that consists of 57 claims covering an area of 2,986.31 hectares located to the south-southwest of Fermont town, Côte-Nord region of Québec.

More notable recent Focus Graphite Inc. (OTCMKTS:FCSMF) news were published by: Globenewswire.com which released: “Focus Graphite Announces Second and Final Closing of a Non-Brokered Private …” on October 05, 2017, also Seekingalpha.com with their article: “Focus Graphite: Won’t Get Fooled Again” published on September 14, 2015, Marketwired.com published: “Focus Graphite’s Coated Spherical Graphite Shows Superior Electrochemical …” on February 26, 2015. More interesting news about Focus Graphite Inc. (OTCMKTS:FCSMF) were released by: Marketwired.com and their article: “Grafoid Inc. Formalizes its Green Energy Business Alliance With Focus Graphite …” published on May 18, 2016 as well as Marketwired.com‘s news article titled: “Focus Graphite reports 102.1 m grading 10.7% Graphitic Carbon (Cg) from its …” with publication date: January 20, 2017.

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