Short Interest in Cansortium Inc. (OTCMKTS:CNTMF) Declines By 69.9%

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 53,700 shares, a decline of 69.9% from the December 15th total of 178,700 shares. Based on an average daily trading volume, of 1,229,000 shares, the days-to-cover ratio is currently 0.0 days.

Cansortium Stock Performance

Cansortium stock traded down $0.00 during mid-day trading on Monday, hitting $0.09. 540,684 shares of the company were exchanged, compared to its average volume of 308,583. The business has a fifty day moving average of $0.09 and a 200 day moving average of $0.12. Cansortium has a 1-year low of $0.06 and a 1-year high of $0.29.

About Cansortium

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.