Glass House Brands Inc. (OTCMKTS:GLASF) Short Interest Down 73.2% in January

Glass House Brands Inc. (OTCMKTS:GLASF) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 21,143 shares, a drop of 73.2% from the December 31st total of 78,813 shares. Based on an average daily volume of 301,566 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 301,566 shares, the short-interest ratio is presently 0.1 days.

Glass House Brands Stock Performance

Glass House Brands stock traded down C$0.07 during mid-day trading on Wednesday, hitting C$8.88. The company’s stock had a trading volume of 82,486 shares, compared to its average volume of 158,953. The business has a 50 day moving average price of C$8.08 and a 200-day moving average price of C$7.44. Glass House Brands has a 12 month low of C$3.80 and a 12 month high of C$10.10.

Glass House Brands Company Profile

Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.

Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.