Glass House Brands Inc. (OTCMKTS:GLASF) Sees Large Growth in Short Interest

Glass House Brands Inc. (OTCMKTS:GLASF) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 306,100 shares, an increase of 5.9% from the September 30th total of 289,000 shares. Based on an average daily volume of 157,200 shares, the short-interest ratio is presently 1.9 days.

Glass House Brands Price Performance

Shares of OTCMKTS:GLASF opened at C$7.60 on Friday. The firm has a fifty day simple moving average of C$8.80 and a two-hundred day simple moving average of C$8.40. Glass House Brands has a 52 week low of C$3.67 and a 52 week high of C$10.50.

About Glass House Brands

Glass House Brands Inc, together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California.