Avant Brands Inc. (OTCMKTS:AVTBF) Sees Large Growth in Short Interest

Avant Brands Inc. (OTCMKTS:AVTBF) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 14,944 shares, a growth of 268.1% from the June 15th total of 4,060 shares. Based on an average trading volume of 13,337 shares, the days-to-cover ratio is presently 1.1 days.

Avant Brands Price Performance

Shares of OTCMKTS AVTBF opened at $0.41 on Monday. The firm has a fifty day moving average of $0.43 and a 200 day moving average of $0.53. Avant Brands has a one year low of $0.25 and a one year high of $0.84.

Avant Brands Company Profile

Avant Brands Inc cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc in July 2021. Avant Brands Inc is headquartered in Kelowna, Canada.