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Short Interest in SLANG Worldwide Inc. (OTCMKTS:SLGWF) Expands By 94.0%

kopsource ·  Dec 1, 2022 23:51

SLANG Worldwide Inc. (OTCMKTS:SLGWF – Get Rating) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 25,800 shares, an increase of 94.0% from the October 31st total of 13,300 shares. Based on an average daily trading volume, of 161,100 shares, the days-to-cover ratio is presently 0.2 days.

SLANG Worldwide Price Performance

SLGWF stock remained flat at $0.05 during mid-day trading on Thursday. 72,687 shares of the company's stock traded hands, compared to its average volume of 38,587. SLANG Worldwide has a 52-week low of $0.03 and a 52-week high of $0.52. The stock's 50 day moving average is $0.05 and its two-hundred day moving average is $0.07.

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About SLANG Worldwide

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SLANG Worldwide Inc operates as a cannabis consumer packaged goods company in Canada and the United States. It owns, licenses, and/or markets 10 brands which serve flower, inhalable concentrate, and ingestible. SLANG Worldwide Inc has a strategic partnership with Trulieve Cannabis Corp. to supply branded cannabis products in Massachusetts.

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