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

Cansortium Inc. (OTCMKTS:CNTMF) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 47,200 shares, a growth of 904.3% from the June 30th total of 4,700 shares. Based on an average daily volume of 586,400 shares, the days-to-cover ratio is presently 0.1 days.

Cansortium Stock Up 16.4 %

OTCMKTS CNTMF opened at $0.14 on Friday. Cansortium has a 12-month low of $0.06 and a 12-month high of $0.29. The company has a fifty day simple moving average of $0.14 and a two-hundred day simple moving average of $0.17.

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.