Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 80,195 shares, a decline of 46.6% from the April 30th total of 150,224 shares. Based on an average daily volume of 439,169 shares, the days-to-cover ratio is presently 0.2 days.
Glass House Brands Price Performance
OTCMKTS GLASF traded up C$0.06 during trading hours on Monday, reaching C$11.15. The stock had a trading volume of 16,955 shares, compared to its average volume of 206,035. Glass House Brands has a 52-week low of C$4.55 and a 52-week high of C$11.73. The stock has a fifty day moving average of C$9.13 and a 200 day moving average of C$8.42.
About Glass House Brands
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.
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