Glass House Brands Inc. (OTCMKTS:GLASF) Short Interest Update

Glass House Brands Inc. (OTCMKTS:GLASF) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 150,224 shares, an increase of 231.6% from the April 15th total of 45,303 shares. Based on an average daily trading volume, of 857,151 shares, the days-to-cover ratio is presently 0.2 days.

Glass House Brands Trading Down 1.7%

Shares of OTCMKTS GLASF traded down C$0.17 during trading hours on Friday, hitting C$9.75. The stock had a trading volume of 117,907 shares, compared to its average volume of 197,287. The firm’s 50-day moving average price is C$8.55 and its two-hundred day moving average price is C$8.17. Glass House Brands has a 52 week low of C$4.55 and a 52 week high of C$10.63.

About Glass House Brands

Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.

Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.