4Front Ventures Corp. (OTCMKTS:FFNTF) Sees Large Decline in Short Interest

4Front Ventures Corp. (OTCMKTS:FFNTFGet Rating) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 86,600 shares, a decrease of 47.5% from the April 30th total of 165,000 shares. Based on an average trading volume of 727,500 shares, the short-interest ratio is presently 0.1 days.

Shares of OTCMKTS:FFNTF traded down $0.04 on Friday, reaching $0.70. 984,888 shares of the company traded hands, compared to its average volume of 412,964. 4Front Ventures has a fifty-two week low of $0.56 and a fifty-two week high of $1.41. The company’s 50 day moving average is $0.73 and its 200-day moving average is $0.83.

About 4Front Ventures (Get Rating)

4Front Ventures Corp. owns and manages licensed cannabis facilities in state-licensed markets in the United States. The company operates in two segments, THC Cannabis and Cannabidiol (CBD) Wellness. It produces, cultivates, sells, and distributes cannabis and CBD. As of December 31, 2021, it operated six dispensaries in Massachusetts, Illinois, and Michigan primarily under the MISSION brand name.

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