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

Avant Brands Inc. (OTCMKTS:AVTBF) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 4,060 shares, a drop of 52.2% from the May 31st total of 8,491 shares. Based on an average daily volume of 8,594 shares, the short-interest ratio is presently 0.5 days.

Avant Brands Stock Performance

Shares of AVTBF stock opened at $0.44 on Tuesday. The firm has a fifty day simple moving average of $0.43 and a two-hundred day simple moving average of $0.54. Avant Brands has a 12 month low of $0.25 and a 12 month high of $0.84.

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.