Glass House Brands Inc. (OTCMKTS:GLASF) Short Interest Up 231.6% in April

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 150,224 shares, an increase of 231.6% from the April 15th total of 45,303 shares. Based on an average daily volume of 857,151 shares, the short-interest ratio is presently 0.2 days.

Glass House Brands Price Performance

OTCMKTS:GLASF traded down C$0.22 during midday trading on Friday, hitting C$9.70. 336,892 shares of the stock were exchanged, compared to its average volume of 200,203. Glass House Brands has a one year low of C$4.55 and a one year high of C$10.63. The business has a 50-day moving average price of C$8.59 and a two-hundred day moving average price of C$8.18.

About Glass House Brands

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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.

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