The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) Sees Significant Drop in Short Interest

The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 814,600 shares, a drop of 21.8% from the February 28th total of 1,041,400 shares. Based on an average daily trading volume, of 2,431,300 shares, the days-to-cover ratio is currently 0.3 days.

Cannabist Price Performance

Shares of CBSTF stock traded up $0.00 during trading hours on Wednesday, reaching $0.05. The company’s stock had a trading volume of 100,568 shares, compared to its average volume of 945,673. Cannabist has a one year low of $0.04 and a one year high of $0.44. The firm’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.11.

About Cannabist

The Cannabist Company Holdings Inc engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. The company provides flower, concentrates, edibles, and/or accesories, and medicinal cannabinoid capsules and tablets, as well as confections, chocolate, drink mixes, condiments, kief, shatter, and wax/crumble, under the Seed & Strain, Classix, and Triple Seven brand names.