Short Interest in Cansortium Inc. (OTCMKTS:CNTMF) Drops By 63.6%

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 25,600 shares, a drop of 63.6% from the September 30th total of 70,400 shares. Based on an average daily trading volume, of 170,600 shares, the short-interest ratio is presently 0.2 days.

Cansortium Stock Performance

Shares of OTCMKTS CNTMF remained flat at $0.17 during mid-day trading on Friday. The company had a trading volume of 108,001 shares, compared to its average volume of 262,987. Cansortium has a 52 week low of $0.08 and a 52 week high of $0.29. The company has a 50 day moving average price of $0.16 and a 200-day moving average price of $0.15.

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.