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

Avant Brands Inc. (OTCMKTS:AVTBF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 7,615 shares, a growth of 21,657.1% from the February 12th total of 35 shares. Based on an average daily volume of 15,640 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 15,640 shares, the days-to-cover ratio is currently 0.5 days.

Avant Brands Trading Down 9.1%

OTCMKTS:AVTBF traded down $0.05 during trading hours on Tuesday, reaching $0.53. 20,640 shares of the company’s stock were exchanged, compared to its average volume of 7,728. Avant Brands has a 12 month low of $0.38 and a 12 month high of $0.84. The business’s 50-day simple moving average is $0.65 and its two-hundred day simple moving average is $0.60.

Avant Brands Company Profile

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.