Short Interest in Leafly Holdings, Inc. (NASDAQ:LFLYW) Decreases By 29.5%

Leafly Holdings, Inc. (NASDAQ:LFLYW) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 14,800 shares, a decline of 29.5% from the August 15th total of 21,000 shares. Based on an average daily volume of 56,300 shares, the days-to-cover ratio is currently 0.3 days.

Leafly Stock Performance

Leafly stock remained flat at $0.02 during mid-day trading on Friday. 16,387 shares of the company were exchanged, compared to its average volume of 41,119. Leafly has a 1-year low of $0.01 and a 1-year high of $0.08. The firm’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $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.