Glass House Brands Inc. (OTCMKTS:GLASF) Short Interest Update

Glass House Brands Inc. (OTCMKTS:GLASF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 78,813 shares, an increase of 461.3% from the December 15th total of 14,040 shares. Based on an average daily volume of 1,069,289 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,069,289 shares, the days-to-cover ratio is presently 0.1 days.

Glass House Brands Trading Up 0.2%

Glass House Brands stock traded up C$0.02 during midday trading on Wednesday, reaching C$9.02. 50,732 shares of the company’s stock were exchanged, compared to its average volume of 152,967. The stock’s 50-day simple moving average is C$7.65 and its 200 day simple moving average is C$7.29. Glass House Brands has a 52 week low of C$3.80 and a 52 week high of C$10.10.

About Glass House Brands

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.