Short Interest in Glass House Brands Inc. (OTCMKTS:GLASF) Increases By 24.9%

Glass House Brands Inc. (OTCMKTS:GLASF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 313,900 shares, a growth of 24.9% from the February 28th total of 251,400 shares. Based on an average daily trading volume, of 352,100 shares, the days-to-cover ratio is presently 0.9 days.

Glass House Brands Stock Performance

GLASF stock opened at C$4.89 on Thursday. The company has a 50 day moving average price of C$5.49 and a 200 day moving average price of C$6.71. Glass House Brands has a fifty-two week low of C$4.53 and a fifty-two week high of C$10.50.

About Glass House Brands

Glass House Brands Inc, together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California.