Cansortium Inc. (OTCMKTS:CNTMF) Short Interest Up 72.7% in August

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 39,903 shares, a growth of 72.7% from the July 30th total of 23,111 shares. Based on an average daily trading volume, of 174,092 shares, the short-interest ratio is presently 0.2 days.

Cansortium Price Performance

Shares of OTCMKTS CNTMF opened at $0.02 on Monday. The stock’s 50-day moving average is $0.02 and its 200 day moving average is $0.03. Cansortium has a 1-year low of $0.00 and a 1-year high of $0.08.

Cansortium Company Profile

Cansortium, Inc (OTCMKTS:CNTMF) is a vertically integrated cannabis company engaged in the cultivation, manufacturing, distribution and retail of medical cannabis products in the United States. The company’s operations span from seed to sale, with dedicated cultivation facilities, extraction labs and a network of dispensaries serving registered patients.

Cansortium holds licenses and operates in multiple jurisdictions, including Florida, Pennsylvania, Louisiana, Texas and Puerto Rico. Its product portfolio encompasses cannabis flower, pre-rolls, concentrates, vape cartridges, oils, edibles and topicals, offered under brands such as The+Source, Chroma and Campfire, alongside its private-label formulations.

Founded in 2017 and headquartered in Miami, Cansortium began dispensary operations in Florida in 2018 and has since expanded its footprint into new markets.