iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUF) Short Interest Down 49.4% in April

iAnthus Capital Holdings, Inc. (OTCMKTS:ITHUF – Get Rating) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 32,300 shares, a drop of 49.4% from the March 31st total of 63,800 shares. Based on an average daily volume of 132,100 shares, the days-to-cover ratio is currently 0.2 days.

ITHUF stock traded down $0.00 during mid-day trading on Friday, hitting $0.11. 28,158 shares of the company were exchanged, compared to its average volume of 151,632. The business has a fifty day simple moving average of $0.13 and a 200-day simple moving average of $0.15. iAnthus Capital has a 12-month low of $0.09 and a 12-month high of $0.43.

About iAnthus Capital (Get Rating)

iAnthus Capital Holdings, Inc owns and operates licensed cannabis cultivation, processing, and dispensary facilities in the United States. It offers biomass products, such as pre-rolls; cannabis infused products, including topical creams and edibles; vape cartridges, concentrates, live resins, wax products, oils, and tinctures; cannabidiol products, such as topical creams, tinctures, and sprays, as well as products for beauty and skincare that include lotions, creams, haircare products, lip balms, and bath bombs.

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