Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) Sees Large Decline in Short Interest

Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1 shares, a decrease of 99.0% from the September 15th total of 101 shares. Based on an average daily volume of 561 shares, the days-to-cover ratio is currently 0.0 days.

Horizons Marijuana Life Sciences Index ETF Stock Performance

HMLSF remained flat at $4.92 during trading on Friday. The company’s stock had a trading volume of 168 shares, compared to its average volume of 521. Horizons Marijuana Life Sciences Index ETF has a one year low of $0.51 and a one year high of $7.00. The business’s fifty day moving average price is $5.18 and its two-hundred day moving average price is $5.13.

Horizons Marijuana Life Sciences Index ETF is an exchange-traded fund designed to provide investors with diversified exposure to the global cannabis industry. The fund invests primarily in companies involved in the cultivation, production, processing, distribution and sale of marijuana and marijuana-related products.

The ETF also provides exposure to businesses supporting the cannabis sector, including biotechnology, pharmaceutical development, industrial hemp, agricultural technology and ancillary products and services.