Short Interest in Glass House Brands Inc. (OTCMKTS:GLASF) Drops By 73.2%

Glass House Brands Inc. (OTCMKTS:GLASF) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 21,143 shares, a decline of 73.2% from the December 31st total of 78,813 shares. Based on an average daily volume of 301,566 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 301,566 shares, the short-interest ratio is presently 0.1 days.

Glass House Brands Stock Performance

OTCMKTS:GLASF opened at C$8.80 on Friday. The business’s fifty day moving average is C$8.21 and its 200 day moving average is C$7.46. Glass House Brands has a 52-week low of C$3.80 and a 52-week 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.