Short Interest in Cansortium Inc. (OTCMKTS:CNTMF) Drops By 63.6%

by · The Cerbat Gem

Cansortium Inc. (OTCMKTS:CNTMF – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 25,600 shares, a drop of 63.6% from the September 30th total of 70,400 shares. Based on an average daily volume of 170,600 shares, the days-to-cover ratio is currently 0.2 days.

Cansortium Price Performance

Cansortium stock remained flat at $0.17 during mid-day trading on Friday. The company’s stock had a trading volume of 108,001 shares, compared to its average volume of 262,987. The company has a fifty day moving average of $0.16 and a 200 day moving average of $0.15. Cansortium has a fifty-two week low of $0.08 and a fifty-two week high of $0.29.

About Cansortium

(Get Free Report)

Cansortium Inc, through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. The company's medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flower, pre-rolls, cartridges, and edibles under the Fluent brand name. It also sells various third-party branded medical cannabis products.

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