Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 150,224 shares, a growth of 231.6% from the April 15th total of 45,303 shares. Based on an average daily volume of 857,151 shares, the short-interest ratio is currently 0.2 days.
Glass House Brands Trading Up 9.7%
GLASF stock traded up C$0.88 during mid-day trading on Thursday, hitting C$9.92. 473,306 shares of the stock were exchanged, compared to its average volume of 197,034. The business has a fifty day moving average price of C$8.51 and a 200 day moving average price of C$8.15. Glass House Brands has a 12 month low of C$4.55 and a 12 month high of C$10.63.
About Glass House Brands
Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.
Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.
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