Aleafia Health Inc. (OTCMKTS:ALEAF) Sees Significant Drop in Short Interest

Aleafia Health Inc. (OTCMKTS:ALEAFGet Rating) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 71,400 shares, a drop of 41.4% from the August 15th total of 121,800 shares. Based on an average daily volume of 202,500 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Raymond James lowered shares of Aleafia Health from a “market perform” rating to an “underperform” rating in a research report on Tuesday, July 5th.

Aleafia Health Stock Performance

OTCMKTS:ALEAF opened at $0.05 on Thursday. Aleafia Health has a twelve month low of $0.04 and a twelve month high of $0.30. The company has a 50-day moving average of $0.05 and a 200-day moving average of $0.07.

Aleafia Health Company Profile

(Get Rating)

Aleafia Health Inc operates as a cannabis health and wellness products and services company in Canada and internationally. Its product portfolio includes cannabis oils, capsules, edibles, cannabis-infused sublingual strips, and vape cartridges; bath bombs and soft gels; hang dried, hand trimmed, long cured, and small batch dried flower; and concentrates.

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