Glass House Brands Inc. (OTCMKTS:GLASF) Sees Large Increase in Short Interest

Glass House Brands Inc. (OTCMKTS:GLASF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 229,500 shares, an increase of 49.8% from the September 15th total of 153,200 shares. Based on an average trading volume of 348,600 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 348,600 shares, the days-to-cover ratio is currently 0.7 days.

Glass House Brands Trading Down 2.6%

GLASF stock opened at C$7.60 on Thursday. Glass House Brands has a 12-month low of C$3.80 and a 12-month high of C$9.75. The company has a 50 day moving average of C$7.72 and a two-hundred day moving average of C$6.45.

About Glass House Brands

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.