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

Glass House Brands Inc. (OTCMKTS:GLASF) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 96,800 shares, an increase of 1,389.2% from the March 31st total of 6,500 shares. Based on an average trading volume of 375,200 shares, the days-to-cover ratio is presently 0.3 days.

Glass House Brands Stock Up 1.9 %

GLASF stock opened at C$8.73 on Friday. The firm’s fifty day simple moving average is C$7.60 and its 200-day simple moving average is C$5.89. Glass House Brands has a 12 month low of C$2.76 and a 12 month high of C$9.15.

Glass House Brands Company Profile

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.