Cansortium Inc. (OTCMKTS:CNTMF) Sees Significant Increase in Short Interest

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 23,500 shares, an increase of 3,257.1% from the February 28th total of 700 shares. Based on an average daily trading volume, of 546,500 shares, the days-to-cover ratio is currently 0.0 days.

Cansortium Price Performance

CNTMF traded up $0.00 during trading hours on Wednesday, reaching $0.06. 339,660 shares of the company’s stock traded hands, compared to its average volume of 228,643. The firm has a 50-day moving average price of $0.07 and a 200 day moving average price of $0.10. Cansortium has a 52-week low of $0.05 and a 52-week high of $0.25.

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.