Cansortium Inc. (OTCMKTS:CNTMF) Short Interest Down 83.9% in June

Cansortium Inc. (OTCMKTS:CNTMF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 41,835 shares, a drop of 83.9% from the June 15th total of 260,061 shares. Based on an average trading volume of 1,061,571 shares, the short-interest ratio is currently 0.0 days.

Cansortium Stock Performance

Shares of CNTMF traded down $0.00 on Friday, reaching $0.02. The stock had a trading volume of 652,397 shares, compared to its average volume of 454,394. Cansortium has a twelve month low of $0.02 and a twelve month high of $0.09. The firm has a 50-day moving average of $0.02 and a 200 day moving average of $0.03.

Cansortium (OTCMKTS:CNTMF) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($0.16) earnings per share for the quarter. During the same quarter last year, the firm posted ($0.14) earnings per share.

About Cansortium

Cansortium, Inc (OTCMKTS:CNTMF) is a vertically integrated cannabis company engaged in the cultivation, manufacturing, distribution and retail of medical cannabis products in the United States. The company’s operations span from seed to sale, with dedicated cultivation facilities, extraction labs and a network of dispensaries serving registered patients.

Cansortium holds licenses and operates in multiple jurisdictions, including Florida, Pennsylvania, Louisiana, Texas and Puerto Rico. Its product portfolio encompasses cannabis flower, pre-rolls, concentrates, vape cartridges, oils, edibles and topicals, offered under brands such as The+Source, Chroma and Campfire, alongside its private-label formulations.

Founded in 2017 and headquartered in Miami, Cansortium began dispensary operations in Florida in 2018 and has since expanded its footprint into new markets.