Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 17,906 shares, a drop of 49.3% from the January 29th total of 35,297 shares. Based on an average trading volume of 293,887 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 293,887 shares, the days-to-cover ratio is presently 0.1 days.
Glass House Brands Trading Down 4.0%
OTCMKTS GLASF traded down C$0.34 on Friday, hitting C$8.14. 100,730 shares of the stock were exchanged, compared to its average volume of 170,806. Glass House Brands has a fifty-two week low of C$3.80 and a fifty-two week high of C$10.10. The company has a 50-day moving average price of C$8.74 and a 200-day moving average price of C$7.86.
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.
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