Short Interest in Cansortium Inc. (OTCMKTS:CNTMF) Rises By 100.1%

Cansortium Inc. (OTCMKTS:CNTMF) saw a large increase in short interest in 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 Stock Performance

Shares of CNTMF stock traded down $0.01 on Friday, reaching $0.07. 304,556 shares of the stock were exchanged, compared to its average volume of 292,407. Cansortium has a twelve month low of $0.07 and a twelve month high of $0.29. The business’s 50 day moving average price is $0.10 and its 200 day moving average price is $0.13.

About Cansortium

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.