The Cannabist Company Holdings Inc. (OTCMKTS:CBSTF – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 515,700 shares, a growth of 42.4% from the March 31st total of 362,100 shares. Based on an average trading volume of 2,236,600 shares, the days-to-cover ratio is currently 0.2 days.
Analyst Ratings Changes
Separately, Roth Mkm decreased their target price on Cannabist from $1.00 to $0.75 and set a “buy” rating on the stock in a report on Friday, March 15th.
Check Out Our Latest Stock Analysis on CBSTF
Cannabist Stock Performance
Cannabist Company Profile
The Cannabist Company Holdings Inc engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. The company provides flower, concentrates, edibles, and/or accesories, and medicinal cannabinoid capsules and tablets, as well as confections, chocolate, drink mixes, condiments, kief, shatter, and wax/crumble, under the Seed & Strain, Classix, and Triple Seven brand names.
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