Cansortium Inc. (OTCMKTS:CNTMF) Sees Large Increase in Short Interest

Cansortium Inc. (OTCMKTS:CNTMF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 178,700 shares, an increase of 100.1% from the November 30th total of 89,300 shares. Based on an average daily volume of 1,109,100 shares, the days-to-cover ratio is currently 0.2 days.

Cansortium Trading Down 9.5 %

Cansortium stock traded down $0.01 during mid-day trading on Friday, hitting $0.07. 304,556 shares of the company’s stock were exchanged, compared to its average volume of 292,407. The stock has a 50 day moving average of $0.10 and a two-hundred day moving average of $0.13. Cansortium has a 1-year low of $0.07 and a 1-year high of $0.29.

Cansortium Company Profile

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.