Avant Brands Inc. (OTCMKTS:AVTBF) Short Interest Update

Avant Brands Inc. (OTCMKTS:AVTBF) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 14,944 shares, an increase of 268.1% from the June 15th total of 4,060 shares. Based on an average trading volume of 13,337 shares, the days-to-cover ratio is presently 1.1 days.

Avant Brands Trading Down 3.9%

Shares of OTCMKTS AVTBF opened at $0.39 on Tuesday. Avant Brands has a 52-week low of $0.25 and a 52-week high of $0.84. The company’s 50-day simple moving average is $0.43 and its 200-day simple moving average is $0.52.

About Avant Brands

Avant Brands Inc cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc in July 2021. Avant Brands Inc is headquartered in Kelowna, Canada.