The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF – Get Free Report) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,041,400 shares, a decline of 49.4% from the February 13th total of 2,059,000 shares. Based on an average daily trading volume, of 1,475,900 shares, the days-to-cover ratio is presently 0.7 days.
Cannabist Stock Performance
Shares of Cannabist stock opened at $0.05 on Friday. The company has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.13. Cannabist has a 12-month low of $0.04 and a 12-month high of $0.44.
About Cannabist
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