Lowell Farms Inc. (OTCMKTS:LOWLF) Sees Large Drop in Short Interest

Lowell Farms Inc. (OTCMKTS:LOWLF) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 78,500 shares, a decline of 21.7% from the October 15th total of 100,200 shares. Based on an average daily trading volume, of 140,100 shares, the days-to-cover ratio is presently 0.6 days.

Lowell Farms Price Performance

Shares of Lowell Farms stock traded up C$0.00 on Friday, reaching C$0.02. 11,866 shares of the company’s stock were exchanged, compared to its average volume of 38,196. Lowell Farms has a 52 week low of C$0.01 and a 52 week high of C$0.28. The firm’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.04.

Lowell Farms Company Profile

Lowell Farms Inc engages in the cultivation, extraction, processing, manufacturing, branding, packaging, and wholesale distribution of cannabis products to retail dispensaries in California. The company provides flowers, vape pens, oils, extracts, chocolate edibles, mints, gummies, topicals, tinctures, and pre-rolls under the House Weed, Moon, Original Pot Company, Cypress Cannabis, Humble Flower, Flavor Extracts, and Kaizen.