Greenlane Holdings, Inc. (NASDAQ:GNLN) Short Interest Update

Greenlane Holdings, Inc. (NASDAQ:GNLN) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 98,300 shares, a growth of 186.6% from the November 30th total of 34,300 shares. Based on an average trading volume of 1,120,000 shares, the short-interest ratio is presently 0.1 days. Approximately 4.6% of the shares of the company are short sold.

Greenlane Trading Up 7.3 %

Shares of NASDAQ:GNLN traded up $0.11 during midday trading on Thursday, hitting $1.62. The company’s stock had a trading volume of 118,702 shares, compared to its average volume of 695,646. Greenlane has a fifty-two week low of $1.40 and a fifty-two week high of $21.80. The stock’s 50 day simple moving average is $2.24 and its 200 day simple moving average is $3.92.

Greenlane Company Profile

Greenlane Holdings, Inc develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, and apparel lines, as well as bubblers, rigs, other smoking and vaporization related accessories, and merchandise.