Short Interest in The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) Increases By 42.4%

The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 515,700 shares, a growth of 42.4% from the March 31st total of 362,100 shares. Based on an average trading volume of 2,236,600 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Roth Mkm lowered their price objective on Cannabist from $1.00 to $0.75 and set a “buy” rating for the company in a research note on Friday, March 15th.

Cannabist Stock Down 2.0 %

OTCMKTS CBSTF traded down $0.01 during trading hours on Monday, hitting $0.26. The company had a trading volume of 671,500 shares, compared to its average volume of 1,327,501. Cannabist has a fifty-two week low of $0.21 and a fifty-two week high of $1.50.

About Cannabist

The Cannabist Company Holdings Inc engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. The company provides flower, concentrates, edibles, and/or accesories, and medicinal cannabinoid capsules and tablets, as well as confections, chocolate, drink mixes, condiments, kief, shatter, and wax/crumble, under the Seed & Strain, Classix, and Triple Seven brand names.