Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) Short Interest Update

Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 101 shares, a decline of 74.8% from the December 15th total of 401 shares. Based on an average trading volume of 1,830 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 1,830 shares, the short-interest ratio is currently 0.1 days.

Horizons Marijuana Life Sciences Index ETF Price Performance

Shares of HMLSF remained flat at $5.70 during mid-day trading on Wednesday. 168 shares of the stock traded hands, compared to its average volume of 668. The business has a 50 day simple moving average of $5.65 and a 200-day simple moving average of $5.86. Horizons Marijuana Life Sciences Index ETF has a twelve month low of $3.90 and a twelve month high of $7.05.

Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) is an exchange-traded fund designed to replicate the performance of the North American Marijuana Index, which tracks the equity performance of publicly traded companies involved in the cannabis industry. Launched in February 2017, the ETF offers investors exposure to businesses operating across the cannabis value chain, including licensed producers, biotech firms, growers, distributors and ancillary service providers. By investing in a diversified basket of equity securities, HMLSF aims to provide broad-based participation in the emerging legal cannabis market in North America.

The ETF employs a full-replication strategy to match the constituents of the underlying index, seeking consistency with index weightings subject to regulatory and liquidity constraints.