Short Interest in Avant Brands Inc. (OTCMKTS:AVTBF) Drops By 36.7%

Avant Brands Inc. (OTCMKTS:AVTBF) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 921 shares, a decrease of 36.7% from the November 30th total of 1,455 shares. Based on an average daily trading volume, of 30,134 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 30,134 shares, the days-to-cover ratio is presently 0.0 days.

Avant Brands Price Performance

Shares of Avant Brands stock opened at $0.64 on Friday. The company’s fifty day simple moving average is $0.54 and its two-hundred day simple moving average is $0.56. Avant Brands has a 12-month low of $0.31 and a 12-month high of $1.00.

About Avant Brands

Avant Brands Inc cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc in July 2021. Avant Brands Inc is headquartered in Kelowna, Canada.