Global X Cannabis ETF (NASDAQ:POTX) Sees Significant Decrease in Short Interest

Global X Cannabis ETF (NASDAQ:POTX) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 16,400 shares, a drop of 38.6% from the August 15th total of 26,700 shares. Based on an average trading volume of 26,100 shares, the days-to-cover ratio is currently 0.6 days.

Shares of POTX stock opened at $8.25 on Tuesday. Global X Cannabis ETF has a fifty-two week low of $6.52 and a fifty-two week high of $24.37. The stock’s 50-day simple moving average is $9.61 and its 200-day simple moving average is $10.01.

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