Cansortium Inc. (OTCMKTS:CNTMF) Sees Significant Increase in Short Interest

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 20,100 shares, a growth of 402.5% from the February 29th total of 4,000 shares. Based on an average daily volume of 332,500 shares, the short-interest ratio is currently 0.1 days.

Cansortium Stock Performance

Cansortium stock opened at $0.21 on Friday. The firm has a 50 day simple moving average of $0.18 and a 200 day simple moving average of $0.13. Cansortium has a 1-year low of $0.06 and a 1-year high of $0.29.

About Cansortium

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.