Glass House Brands Inc. (OTCMKTS:GLASF) Sees Large Decline in Short Interest

Glass House Brands Inc. (OTCMKTS:GLASF) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 28,482 shares, a decline of 20.6% from the February 26th total of 35,877 shares. Based on an average daily volume of 190,848 shares, the short-interest ratio is presently 0.1 days.

Glass House Brands Trading Up 8.8%

Shares of OTCMKTS:GLASF opened at C$8.16 on Wednesday. Glass House Brands has a 1 year low of C$3.80 and a 1 year high of C$10.10. The firm has a fifty day moving average price of C$8.25 and a 200 day moving average price of C$7.90.

Glass House Brands Company Profile

Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.

Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.