Short Interest in Avant Brands Inc. (OTCMKTS:AVTBF) Drops By 96.2%

Avant Brands Inc. (OTCMKTS:AVTBF) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 35 shares, a drop of 96.2% from the December 15th total of 921 shares. Based on an average daily trading volume, of 33,952 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 33,952 shares, the days-to-cover ratio is presently 0.0 days.

Avant Brands Price Performance

AVTBF stock traded down $0.07 during trading on Monday, hitting $0.64. 3,373 shares of the company’s stock traded hands, compared to its average volume of 2,824. The business has a fifty day simple moving average of $0.59 and a 200 day simple moving average of $0.57. Avant Brands has a 52 week low of $0.38 and a 52 week high of $1.00.

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. 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.