Fire & Flower Holdings Corp. (OTCMKTS:FFLWF – Get Rating) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totalling 258,200 shares, a growth of 10.1% from the July 31st total of 234,600 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 28.7 days.

Fire & Flower Price Performance

OTCMKTS FFLWF traded down $0.03 during trading hours on Tuesday, reaching $2.02. The stock had a trading volume of 1,400 shares, compared to its average volume of 7,316. The stock has a fifty day moving average of $1.89 and a 200 day moving average of $2.81. Fire & Flower has a 52-week low of $1.52 and a 52-week high of $7.73.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on FFLWF shares. Cantor Fitzgerald downgraded shares of Fire & Flower from an "overweight" rating to a "neutral" rating in a report on Monday, July 25th. Stifel Nicolaus cut their price objective on shares of Fire & Flower from C$8.50 to C$5.50 in a report on Wednesday, June 15th.

Fire & Flower Company Profile

Fire & Flower Holdings Corp. operates as an independent cannabis retailer in Canada and the United States. It sells and distributes cannabis products and accessories to the adult-use market through private retailers, as well as under the Fire & Flower, Friendly Stranger, Happy Dayz, and Hotbox retail banners.

Further Reading

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