Glass House Brands Inc. (OTCMKTS:GLASF) Short Interest Update

Glass House Brands Inc. (OTCMKTS:GLASF) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 124,200 shares, a growth of 42.1% from the May 31st total of 87,400 shares. Based on an average daily volume of 272,900 shares, the days-to-cover ratio is currently 0.5 days.

Glass House Brands Price Performance

Shares of GLASF traded down C$0.17 during trading on Monday, reaching C$6.99. 63,007 shares of the company traded hands, compared to its average volume of 125,220. The stock has a 50-day simple moving average of C$8.30 and a 200-day simple moving average of C$7.15. Glass House Brands has a twelve month low of C$2.88 and a twelve month high of C$10.50.

Glass House Brands Company Profile

Glass House Brands Inc, together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California.