Avant Brands Inc. (OTCMKTS:AVTBF) Sees Significant Decrease in Short Interest

Avant Brands Inc. (OTCMKTS:AVTBF) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 7,182 shares, a decrease of 39.0% from the April 30th total of 11,770 shares. Based on an average daily trading volume, of 19,176 shares, the days-to-cover ratio is currently 0.4 days.

Avant Brands Stock Up 5.3%

Shares of AVTBF opened at $0.44 on Friday. Avant Brands has a 1 year low of $0.25 and a 1 year high of $0.84. The stock has a 50 day simple moving average of $0.45 and a two-hundred day simple moving average of $0.56.

Avant Brands Company Profile

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.