iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUF – Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 8,666 shares, a drop of 80.2% from the August 15th total of 43,804 shares. Based on an average trading volume of 214,787 shares, the days-to-cover ratio is presently 0.0 days.
iAnthus Capital Price Performance
ITHUF traded down $0.00 during midday trading on Friday, reaching $0.00. 20,224 shares of the company were exchanged, compared to its average volume of 262,658. iAnthus Capital has a one year low of $0.00 and a one year high of $0.01.
iAnthus Capital Company Profile
iAnthus Capital (OTCMKTS: ITHUF) is a multi-state operator in the U.S. medical cannabis industry. The company acquires, develops and manages licensed cultivation, processing and retail facilities in regulated state markets. Its core business activities include the cultivation of cannabis flower, the manufacturing of extracts and infused products such as oils, edibles and topicals, and the operation of dispensaries under various regional brands.
Through a network of subsidiaries and strategic acquisitions, iAnthus holds medical cannabis licenses in multiple states, including Florida, New York, Massachusetts and Maryland.
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