Basic Material Losers: General Moly (NYSEMKT:GMO), BioFuel Energy Corp. (NASDAQ:BIOF), TGC Industries (NASDAQ:TGE), IKONICS Corporation (NASDAQ:IKNX)

Shares of General Moly, Inc (NYSE:GMO) saw a large increase in short interest in May. As of May 30th, there was short interest totalling 5,340,858 shares, an increase of 0.3% from the May 15th total of 5,327,381 shares, ARN reports. Approximately 7.9% of the shares of the stock are short sold. Based on an average trading volume of 374,247 shares, the short-interest ratio is presently … Continue reading Basic Material Losers: General Moly (NYSEMKT:GMO), BioFuel Energy Corp. (NASDAQ:BIOF), TGC Industries (NASDAQ:TGE), IKONICS Corporation (NASDAQ:IKNX)