Short Interest in Cansortium Inc. (OTCMKTS:CNTMF) Drops By 69.9%

Cansortium Inc. (OTCMKTS:CNTMF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 53,700 shares, a decrease of 69.9% from the December 15th total of 178,700 shares. Based on an average daily trading volume, of 1,229,000 shares, the days-to-cover ratio is presently 0.0 days.

Cansortium Price Performance

Shares of CNTMF traded down $0.00 during midday trading on Tuesday, reaching $0.09. 540,684 shares of the stock were exchanged, compared to its average volume of 308,583. Cansortium has a 52 week low of $0.06 and a 52 week high of $0.29. The company’s 50 day moving average is $0.09 and its two-hundred day moving average is $0.12.

Cansortium Company Profile

Cansortium Inc, through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. The company's medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flower, pre-rolls, cartridges, and edibles under the Fluent brand name. It also sells various third-party branded medical cannabis products.