Short Interest in The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) Drops By 13.2%

The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 2,121,500 shares, a drop of 13.2% from the December 15th total of 2,443,700 shares. Based on an average daily trading volume, of 2,827,300 shares, the days-to-cover ratio is presently 0.8 days.

Cannabist Price Performance

CBSTF stock traded up $0.00 during mid-day trading on Friday, hitting $0.07. 1,216,889 shares of the company were exchanged, compared to its average volume of 690,899. The firm has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.18. Cannabist has a twelve month low of $0.05 and a twelve month high of $0.55.

Cannabist Company Profile

The Cannabist Company Holdings Inc engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. The company provides flower, concentrates, edibles, and/or accesories, and medicinal cannabinoid capsules and tablets, as well as confections, chocolate, drink mixes, condiments, kief, shatter, and wax/crumble, under the Seed & Strain, Classix, and Triple Seven brand names.