Cansortium Inc. (OTCMKTS:CNTMF) Short Interest Update

Cansortium Inc. (OTCMKTS:CNTMF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 25,600 shares, a drop of 63.6% from the September 30th total of 70,400 shares. Based on an average daily volume of 170,600 shares, the days-to-cover ratio is currently 0.2 days.

Cansortium Price Performance

Shares of Cansortium stock opened at $0.17 on Monday. The company’s fifty day moving average is $0.16 and its 200 day moving average is $0.15. Cansortium has a twelve month low of $0.08 and a twelve month high of $0.29.

About Cansortium

Cansortium Inc, through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. The company's medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flower, pre-rolls, cartridges, and edibles under the Fluent brand name. It also sells various third-party branded medical cannabis products.