Cansortium Inc. (OTCMKTS:CNTMF) Short Interest Update

Cansortium Inc. (OTCMKTS:CNTMF) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 44,900 shares, a growth of 75.4% from the October 15th total of 25,600 shares. Based on an average daily volume of 273,300 shares, the short-interest ratio is currently 0.2 days.

Cansortium Price Performance

CNTMF stock remained flat at $0.09 during midday trading on Thursday. 133,684 shares of the company’s stock were exchanged, compared to its average volume of 274,954. The company’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.15. Cansortium has a 12 month low of $0.08 and a 12 month high of $0.29.

About Cansortium

Cansortium Inc, through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas. The company's medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flower, pre-rolls, cartridges, and edibles under the Fluent brand name. It also sells various third-party branded medical cannabis products.