Short Interest in The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) Drops By 70.2%

The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 179,388 shares, a drop of 70.2% from the December 15th total of 602,019 shares. Based on an average daily volume of 8,444,456 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 8,444,456 shares, the short-interest ratio is presently 0.0 days.

Cannabist Price Performance

Shares of OTCMKTS:CBSTF opened at $0.05 on Tuesday. Cannabist has a 1 year low of $0.03 and a 1 year high of $0.16. The company’s 50 day simple moving average is $0.05 and its 200 day simple moving average is $0.08.

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. It offers management services to licensed entities.