Cansortium Inc. (OTCMKTS:CNTMF) Short Interest Up 75.4% in October

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 44,900 shares, an increase of 75.4% from the October 15th total of 25,600 shares. Based on an average daily trading volume, of 273,300 shares, the days-to-cover ratio is currently 0.2 days.

Cansortium Price Performance

Shares of CNTMF stock traded down $0.01 during mid-day trading on Friday, hitting $0.08. 211,990 shares of the company’s stock were exchanged, compared to its average volume of 274,954. The stock has a 50-day simple moving average of $0.15 and a two-hundred day simple moving average of $0.15. Cansortium has a fifty-two week low of $0.08 and a fifty-two week high of $0.29.

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.