1933 Industries Inc. (OTCMKTS:TGIFF) Sees Significant Increase in Short Interest

1933 Industries Inc. (OTCMKTS:TGIFFGet Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 25,900 shares, an increase of 219.8% from the May 31st total of 8,100 shares. Based on an average daily volume of 293,700 shares, the short-interest ratio is presently 0.1 days.

1933 Industries Price Performance

Shares of TGIFF stock remained flat at $0.01 during trading hours on Friday. 20,000 shares of the stock traded hands, compared to its average volume of 81,391. The company’s 50-day moving average price is $0.01 and its two-hundred day moving average price is $0.01. 1933 Industries has a 12 month low of $0.01 and a 12 month high of $0.02.

1933 Industries Company Profile

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1933 Industries Inc, together with its subsidiaries, engages in the cultivation and production of cannabis products in the United States. It operates in three segments: the Medical Segment, the Recreational Segment, and the CBD-Infused Products Segment. The company produces, packages, and markets cannabidiol (CBD)-infused products, including tinctures, vape pens and cartridges, lotions, pain creams, gummies, and capsules under the Canna Hemp and Canna Hemp X brand names.

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