GPO Plus, Inc. (OTCMKTS:GPOX) Stock Short Interest Rises 22,225.4%

GPO Plus, Inc. (OTCMKTS:GPOX) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 56,260 shares, a growth of 22,225.4% from the September 30th total of 252 shares. Based on an average daily trading volume, of 132,076 shares, the short-interest ratio is presently 0.4 days.

GPO Plus Stock Down 2.8%

OTCMKTS:GPOX traded down $0.00 during midday trading on Monday, hitting $0.02. The company had a trading volume of 160,331 shares, compared to its average volume of 253,558. The stock’s fifty day moving average price is $0.02 and its 200-day moving average price is $0.05. GPO Plus has a 52-week low of $0.01 and a 52-week high of $0.12.

GPO Plus Company Profile

GPO Plus, Inc is a wholesale distribution and group purchasing company that serves independent retailers and other businesses. The company focuses on helping customers obtain consumer products through centralized purchasing, distribution and related supply-chain services.

Its product offering has included categories such as convenience-store merchandise, beverages, snacks, health and wellness products, and other specialty consumer goods. GPO Plus has also emphasized private-label and branded products intended for retail distribution, although its product mix may change over time.

The company is based in the United States and is primarily focused on serving domestic independent retailers and specialty retail channels.