Leafly Holdings, Inc. (NASDAQ:LFLYW) Sees Significant Increase in Short Interest

Leafly Holdings, Inc. (NASDAQ:LFLYW) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 13,000 shares, a growth of 4,233.3% from the May 31st total of 300 shares. Based on an average daily volume of 31,900 shares, the short-interest ratio is presently 0.4 days.

Leafly Stock Performance

NASDAQ LFLYW remained flat at $0.02 during trading hours on Friday. The company had a trading volume of 5,653 shares, compared to its average volume of 27,156. Leafly has a 1 year low of $0.02 and a 1 year high of $0.18. The stock has a fifty day simple moving average of $0.03 and a 200-day simple moving average of $0.03.

Leafly Company Profile

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.