Short Interest in Stem Holdings, Inc. (OTCMKTS:STMH) Increases By 50.0%

Stem Holdings, Inc. (OTCMKTS:STMH) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 300 shares, an increase of 50.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 0.3 days.

Stem Price Performance

OTCMKTS STMH remained flat at $0.02 during trading on Friday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 20,532. The firm’s fifty day simple moving average is $0.13 and its 200 day simple moving average is $0.06. Stem has a 1 year low of $0.01 and a 1 year high of $3.00.

Stem Company Profile

Stem Holdings, Inc operates as a vertically-integrated cannabis products and technology company. It engages in the production, distribution, and sale of cannabis and cannabis-infused products. The company's brands include TJ's Gardens, TravisxJames, and Yerba Buena flower and extracts. As of September 30, 2022, it had ownership interests in 23 state issued cannabis licenses, including 9 licenses for cannabis cultivation; 3 licenses for cannabis processing; 2 licenses for cannabis wholesale distribution; 3 licenses for hemp production; and 6 cannabis dispensary licenses.