Cansortium Inc. (OTCMKTS:CNTMF) Sees Large Drop in Short Interest

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 4,700 shares, a decline of 90.6% from the June 15th total of 49,800 shares. Based on an average daily volume of 155,400 shares, the days-to-cover ratio is presently 0.0 days.

Cansortium Stock Performance

Cansortium stock traded down $0.01 during mid-day trading on Friday, hitting $0.10. The company had a trading volume of 849,054 shares, compared to its average volume of 333,996. Cansortium has a 1 year low of $0.06 and a 1 year high of $0.29. The business has a fifty day moving average of $0.15 and a 200 day moving average of $0.17.

Cansortium Company Profile

Cansortium Inc, through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. The company's medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flower, pre-rolls, cartridges, and edibles under the Fluent brand name. It also sells various third-party branded medical cannabis products.