Leafly Holdings, Inc. (NASDAQ:LFLYW) Short Interest Up 52.4% in October

Leafly Holdings, Inc. (NASDAQ:LFLYW) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 12,800 shares, an increase of 52.4% from the October 15th total of 8,400 shares. Based on an average daily volume of 132,100 shares, the days-to-cover ratio is presently 0.1 days.

Leafly Stock Performance

Shares of Leafly stock remained flat at $0.03 on Friday. 14,798 shares of the stock were exchanged, compared to its average volume of 76,918. The firm’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.03. Leafly has a 12 month low of $0.01 and a 12 month high of $0.15.

About Leafly

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.