Short Interest in Delta 9 Cannabis Inc. (OTCMKTS:DLTNF) Rises By 51.6%

Delta 9 Cannabis Inc. (OTCMKTS:DLTNF) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 23,500 shares, an increase of 51.6% from the March 31st total of 15,500 shares. Based on an average daily trading volume, of 89,100 shares, the short-interest ratio is currently 0.3 days.

Delta 9 Cannabis Stock Performance

Shares of OTCMKTS:DLTNF remained flat at $0.02 during midday trading on Monday. 50,066 shares of the stock traded hands, compared to its average volume of 239,023. The stock’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.02. Delta 9 Cannabis has a 52-week low of $0.01 and a 52-week high of $0.06.

Delta 9 Cannabis Company Profile

Delta 9 Cannabis Inc, together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products.