1933 Industries Inc. (OTCMKTS:TGIFF) Short Interest Down 74.6% in May

1933 Industries Inc. (OTCMKTS:TGIFF) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 7,222 shares, a decrease of 74.6% from the April 30th total of 28,423 shares. Based on an average daily volume of 50,900 shares, the days-to-cover ratio is presently 0.1 days.

1933 Industries Price Performance

TGIFF traded up $0.00 during midday trading on Friday, reaching $0.01. The company’s stock had a trading volume of 7,748 shares, compared to its average volume of 64,409. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.01. 1933 Industries has a 1 year low of $0.00 and a 1 year high of $0.02.

About 1933 Industries

1933 Industries, Inc is a Canadian company engaged in the development, production and branding of cannabis and hemp-derived products. The company operates a vertically integrated business model encompassing cultivation, extraction, manufacturing, packaging and distribution. Its portfolio includes a diverse range of consumer-focused products such as vaporizer cartridges, e-liquids, beverages, edibles and topical formulations developed for both the adult-use cannabis market and wellness segments.

The company holds Health Canada-issued licensing for cannabis processing and maintains a production facility in Burlington, Ontario.