Delta 9 Cannabis Inc. short interest down 25.0% in March

Delta 9 Cannabis Inc. was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,500 shares, a drop of 25.0% from the March 15th total of 2,000 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is presently 0.1 days.

Shares of DLTNF traded down $0.01 during trading hours on Monday, reaching $0.25. 35,300 shares of the stock traded hands, compared to its average volume of 13,241. The company’s 50-day moving average price is $0.23 and its two-hundred day moving average price is $0.26. Delta 9 Cannabis has a 52-week low of $0.20 and a 52-week high of $0.49.