Short Interest in iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUF) Drops By 41.9%

iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUFGet Rating) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 76,500 shares, a drop of 41.9% from the April 30th total of 131,700 shares. Based on an average trading volume of 461,900 shares, the short-interest ratio is currently 0.2 days.

ITHUF stock traded down $0.01 during trading on Friday, hitting $0.08. The stock had a trading volume of 53,702 shares, compared to its average volume of 152,417. iAnthus Capital has a twelve month low of $0.06 and a twelve month high of $0.43. The company’s 50-day moving average price is $0.11 and its two-hundred day moving average price is $0.13.

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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