Stem Holdings, Inc. (OTCMKTS:STMH) Short Interest Update

Stem Holdings, Inc. (OTCMKTS:STMH) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 300 shares, an increase of 50.0% from the March 31st total of 200 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 0.3 days.

Stem Price Performance

Shares of STMH remained flat at $0.02 during trading hours on Friday. The stock had a trading volume of 2 shares, compared to its average volume of 20,532. The company’s 50-day moving average is $0.13 and its two-hundred day moving average is $0.06. Stem has a 12-month low of $0.01 and a 12-month high of $3.00.

About Stem

Stem Holdings, Inc operates as a vertically-integrated cannabis products and technology company. It engages in the production, distribution, and sale of cannabis and cannabis-infused products. The company's brands include TJ's Gardens, TravisxJames, and Yerba Buena flower and extracts. As of September 30, 2022, it had ownership interests in 23 state issued cannabis licenses, including 9 licenses for cannabis cultivation; 3 licenses for cannabis processing; 2 licenses for cannabis wholesale distribution; 3 licenses for hemp production; and 6 cannabis dispensary licenses.