Short Interest in Xebra Brands Ltd. (OTC:XBRAF) Increases By 196.6%

Xebra Brands Ltd. (OTC:XBRAFGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 60,500 shares, a growth of 196.6% from the August 15th total of 20,400 shares. Based on an average daily volume of 172,400 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 172,400 shares, the days-to-cover ratio is presently 0.4 days.

Xebra Brands Stock Performance

Shares of OTC:XBRAF opened at $0.02 on Monday. The firm’s 50 day moving average is $0.01 and its two-hundred day moving average is $0.03. Xebra Brands has a 52 week low of $0.01 and a 52 week high of $0.06.

About Xebra Brands

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Xebra Brands Ltd. engages in the cultivation, processing, manufacturing, design, and delivery of cannabis products in Canada and Mexico. It provides cannabis infused beverages, including seltzers, soft drinks, iced teas, lemonades, waters, and energy and sport drinks; and wellness products that include capsules, tinctures, topicals, and intimate oils for personal care.

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