Fire & Flower Holdings Corp. (OTCMKTS:FFLWF) Short Interest Down 7.7% in August

Fire & Flower Holdings Corp. (OTCMKTS:FFLWFGet Rating) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 238,200 shares, a drop of 7.7% from the August 15th total of 258,200 shares. Based on an average daily volume of 6,200 shares, the short-interest ratio is presently 38.4 days.

Wall Street Analysts Forecast Growth

FFLWF has been the topic of a number of recent research reports. Stifel Nicolaus lowered their target price on Fire & Flower from C$8.50 to C$5.50 in a research note on Wednesday, June 15th. Cantor Fitzgerald lowered Fire & Flower from an “overweight” rating to a “neutral” rating in a research note on Monday, July 25th.

Fire & Flower Stock Performance

Fire & Flower stock opened at $1.48 on Tuesday. The stock’s fifty day moving average price is $1.84 and its two-hundred day moving average price is $2.58. Fire & Flower has a one year low of $1.46 and a one year high of $7.36.

Fire & Flower Company Profile

(Get Rating)

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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