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

1933 Industries Inc. (OTCMKTS:TGIFF) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 36,900 shares, a decline of 44.0% from the July 15th total of 65,900 shares. Based on an average daily volume of 82,000 shares, the short-interest ratio is currently 0.5 days.

1933 Industries Price Performance

Shares of 1933 Industries stock traded down $0.00 during trading on Thursday, hitting $0.01. 165,000 shares of the stock were exchanged, compared to its average volume of 82,426. The firm’s 50-day moving average price is $0.01 and its 200 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

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.