4Front Ventures Corp. (OTCMKTS:FFNTF) Sees Large Increase in Short Interest

4Front Ventures Corp. (OTCMKTS:FFNTF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 345,600 shares, an increase of 173.9% from the August 15th total of 126,200 shares. Based on an average daily volume of 786,500 shares, the days-to-cover ratio is presently 0.4 days.

4Front Ventures Price Performance

OTCMKTS FFNTF remained flat at $0.05 during trading hours on Friday. 242,652 shares of the company were exchanged, compared to its average volume of 340,740. 4Front Ventures has a one year low of $0.03 and a one year high of $0.28. The business’s 50-day simple moving average is $0.08 and its 200-day simple moving average is $0.09.

About 4Front Ventures

4Front Ventures Corp. owns and manages licensed cannabis facilities in state-licensed markets in the United States. The company operates through THC Cannabis and CBD Wellness segments. THC Cannabis segment engages in the cultivation, production, manufacturing, and distribution of THC cannabis products to owned dispensaries and third party retailers; and provision of ancillary services.