iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUF) Sees Large Decline in Short Interest

iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUFGet Rating) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 32,300 shares, a drop of 49.4% from the March 31st total of 63,800 shares. Based on an average daily trading volume, of 132,100 shares, the days-to-cover ratio is presently 0.2 days.

ITHUF stock traded down $0.00 during midday trading on Friday, hitting $0.11. The stock had a trading volume of 28,158 shares, compared to its average volume of 151,632. iAnthus Capital has a 52 week low of $0.09 and a 52 week high of $0.43. The stock has a 50-day simple moving average of $0.13 and a 200 day simple moving average of $0.15.

About iAnthus Capital (Get Rating)

iAnthus Capital Holdings, Inc owns and operates licensed cannabis cultivation, processing, and dispensary facilities in the United States. It offers biomass products, such as pre-rolls; cannabis infused products, including topical creams and edibles; vape cartridges, concentrates, live resins, wax products, oils, and tinctures; cannabidiol products, such as topical creams, tinctures, and sprays, as well as products for beauty and skincare that include lotions, creams, haircare products, lip balms, and bath bombs.

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