Short Interest in Avant Brands Inc. (OTCMKTS:AVTBF) Expands By 268.1%

Avant Brands Inc. (OTCMKTS:AVTBF) was the target of a large increase in short interest during the month of 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 daily volume of 13,337 shares, the short-interest ratio is presently 1.1 days.

Avant Brands Stock Up 0.7%

Shares of AVTBF stock traded up $0.00 during trading on Friday, reaching $0.41. The company had a trading volume of 1,534 shares, compared to its average volume of 7,831. The firm’s 50 day simple moving average is $0.43 and its two-hundred day simple moving average is $0.53. Avant Brands has a one year low of $0.25 and a one year high of $0.84.

Avant Brands Company Profile

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.