Short Interest in Cansortium Inc. (OTCMKTS:CNTMF) Drops By 69.9%

Cansortium Inc. (OTCMKTS:CNTMF) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 53,700 shares, a decline of 69.9% from the December 15th total of 178,700 shares. Based on an average daily volume of 1,229,000 shares, the days-to-cover ratio is currently 0.0 days.

Cansortium Stock Down 1.2 %

Shares of OTCMKTS CNTMF traded down $0.00 during midday trading on Tuesday, reaching $0.09. The stock had a trading volume of 540,684 shares, compared to its average volume of 308,583. The company’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.12. Cansortium has a twelve month low of $0.06 and a twelve month 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.