Leafly Holdings, Inc. (NASDAQ:LFLYW) Sees Large Decline in Short Interest

Leafly Holdings, Inc. (NASDAQ:LFLYW) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 10,300 shares, a decline of 20.8% from the June 15th total of 13,000 shares. Based on an average daily trading volume, of 29,000 shares, the days-to-cover ratio is currently 0.4 days.

Leafly Price Performance

Shares of LFLYW stock opened at $0.02 on Tuesday. The stock’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.03. Leafly has a twelve month low of $0.02 and a twelve month high of $0.18.

Leafly Company Profile

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.