Leafly Holdings, Inc. (NASDAQ:LFLYW) Sees Large Drop in Short Interest

Leafly Holdings, Inc. (NASDAQ:LFLYW) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 10,100 shares, a decline of 21.1% from the October 31st total of 12,800 shares. Based on an average daily trading volume, of 133,200 shares, the days-to-cover ratio is presently 0.1 days.

Leafly Stock Performance

Shares of NASDAQ LFLYW remained flat at $0.03 during trading on Friday. 35,568 shares of the company’s stock traded hands, compared to its average volume of 74,375. Leafly has a 52 week low of $0.01 and a 52 week high of $0.15. The stock has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.03.

About Leafly

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.