Glass House Brands Inc. (OTCMKTS:GLASF) Short Interest Up 461.3% in December

Glass House Brands Inc. (OTCMKTS:GLASF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 78,813 shares, an increase of 461.3% from the December 15th total of 14,040 shares. Based on an average daily trading volume, of 1,069,289 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 1,069,289 shares, the short-interest ratio is currently 0.1 days.

Glass House Brands Stock Up 0.5%

Shares of GLASF stock opened at C$9.04 on Thursday. The business’s fifty day moving average price is C$7.68 and its 200 day moving average price is C$7.30. Glass House Brands has a 1-year low of C$3.80 and a 1-year high of C$10.10.

Glass House Brands Company Profile

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.