Cansortium Inc. (OTCMKTS:CNTMF) Short Interest Down 57.3% in August

Cansortium Inc. (OTCMKTS:CNTMF) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 44,400 shares, a decrease of 57.3% from the August 15th total of 104,000 shares. Based on an average daily trading volume, of 311,000 shares, the days-to-cover ratio is presently 0.1 days.

Cansortium Stock Performance

OTCMKTS CNTMF remained flat at $0.17 on Friday. The company had a trading volume of 42,340 shares, compared to its average volume of 289,073. The business has a 50-day moving average price of $0.13 and a two-hundred day moving average price of $0.16. Cansortium has a twelve month low of $0.08 and a twelve month high of $0.29.

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.