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

Stem Holdings, Inc. (OTCMKTS:STMH) was the target of a large increase in short interest in 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 currently 0.3 days.

Stem Stock Performance

Shares of OTCMKTS:STMH remained flat at $0.02 during mid-day trading on Friday. The company had a trading volume of 2 shares, compared to its average volume of 20,532. Stem has a 1-year low of $0.01 and a 1-year high of $3.00. The stock’s 50-day moving average price is $0.13 and its 200 day moving average price is $0.06.

About Stem

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.