Short Interest in Glass House Brands Inc. (OTCMKTS:GLASF) Decreases By 20.6%

Glass House Brands Inc. (OTCMKTS:GLASF) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 28,482 shares, a decline of 20.6% from the February 26th total of 35,877 shares. Based on an average daily volume of 190,848 shares, the short-interest ratio is presently 0.1 days.

Glass House Brands Price Performance

Shares of OTCMKTS:GLASF opened at C$7.88 on Monday. The company’s fifty day moving average is C$8.29 and its two-hundred day moving average is C$7.89. Glass House Brands has a 12-month low of C$3.80 and a 12-month high of C$10.10.

Glass House Brands Company Profile

Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.

Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.