Avant Brands Inc. (OTCMKTS:AVTBF) Sees Significant Drop in Short Interest

Avant Brands Inc. (OTCMKTS:AVTBF) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,500 shares, a decrease of 29.5% from the January 15th total of 7,800 shares. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is presently 0.2 days.

Avant Brands Stock Down 5.2 %

Shares of OTCMKTS:AVTBF traded down $0.04 during trading on Friday, hitting $0.81. 20,525 shares of the company traded hands, compared to its average volume of 21,101. Avant Brands has a one year low of $0.31 and a one year high of $2.83. The business’s fifty day moving average is $0.60 and its 200-day moving average is $0.71.

About Avant Brands

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.