Avant Brands Inc. (OTCMKTS:AVTBF) Sees Large Decrease in Short Interest

Avant Brands Inc. (OTCMKTS:AVTBF) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 8,269 shares, a decrease of 27.7% from the March 15th total of 11,430 shares. Based on an average daily volume of 6,798 shares, the days-to-cover ratio is currently 1.2 days.

Avant Brands Stock Performance

Shares of AVTBF opened at $0.45 on Friday. Avant Brands has a 52 week low of $0.38 and a 52 week high of $0.84. The stock’s 50-day moving average price is $0.55 and its 200-day moving average price is $0.58.

About Avant Brands

Avant Brands Inc cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc in July 2021. Avant Brands Inc is headquartered in Kelowna, Canada.