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Fire & Flower Holdings Corp. (OTCMKTS:FFLWF) Short Interest Up 26.5% in July

Defense World ·  Aug 15, 2022 04:01

Fire & Flower Holdings Corp. (OTCMKTS:FFLWF – Get Rating) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 234,600 shares, an increase of 26.5% from the July 15th total of 185,500 shares. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is currently 10.7 days.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Cantor Fitzgerald downgraded Fire & Flower from an "overweight" rating to a "neutral" rating in a research report on Monday, July 25th. Stifel Nicolaus reduced their price objective on Fire & Flower from C$8.50 to C$5.50 in a research note on Wednesday, June 15th.

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Fire & Flower Stock Performance

Fire & Flower stock opened at $2.14 on Monday. The business has a fifty day moving average of $1.96 and a two-hundred day moving average of $2.96. Fire & Flower has a twelve month low of $1.52 and a twelve month high of $8.61.

Fire & Flower Company Profile

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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.

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