Short Interest in The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) Rises By 53.2%

The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 602,019 shares, an increase of 53.2% from the November 30th total of 392,838 shares. Based on an average daily trading volume, of 7,232,320 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 7,232,320 shares, the days-to-cover ratio is presently 0.1 days.

Cannabist Price Performance

Shares of CBSTF stock opened at $0.05 on Tuesday. Cannabist has a 12 month low of $0.03 and a 12 month high of $0.16. The company’s fifty day simple moving average is $0.06 and its 200-day simple moving average is $0.08.

About Cannabist

The Cannabist Company Holdings Inc engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. The company provides flower, concentrates, edibles, and/or accesories, and medicinal cannabinoid capsules and tablets, as well as confections, chocolate, drink mixes, condiments, kief, shatter, and wax/crumble, under the Seed & Strain, Classix, and Triple Seven brand names. It offers management services to licensed entities.