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

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 53,700 shares, a decrease of 69.9% from the December 15th total of 178,700 shares. Based on an average trading volume of 1,229,000 shares, the days-to-cover ratio is currently 0.0 days.

Cansortium Stock Down 4.7 %

Shares of OTCMKTS CNTMF traded down $0.00 during midday trading on Wednesday, hitting $0.08. The stock had a trading volume of 449,418 shares, compared to its average volume of 325,891. Cansortium has a fifty-two week low of $0.06 and a fifty-two week high of $0.29. The company’s 50-day simple moving average is $0.08 and its 200 day simple moving average is $0.12.

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.