1933 Industries Inc. (OTCMKTS:TGIFF) Sees Significant Drop in Short Interest

1933 Industries Inc. (OTCMKTS:TGIFFGet Free Report) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 8,100 shares, a decline of 75.6% from the May 15th total of 33,200 shares. Based on an average daily volume of 166,600 shares, the short-interest ratio is presently 0.0 days.

1933 Industries Price Performance

Shares of 1933 Industries stock remained flat at $0.01 during trading hours on Wednesday. The stock had a trading volume of 12,250 shares, compared to its average volume of 74,049. The firm has a 50-day simple moving average of $0.01 and a 200-day simple moving average of $0.01. 1933 Industries has a twelve month low of $0.01 and a twelve month high of $0.02.

About 1933 Industries

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1933 Industries Inc, together with its subsidiaries, engages in the cultivation and production of cannabis products in the United States. It operates in three segments: the Medical Segment, the Recreational Segment, and the CBD-Infused Products Segment. The company produces, packages, and markets cannabidiol (CBD)-infused products, including tinctures, vape pens and cartridges, lotions, pain creams, gummies, and capsules under the Canna Hemp and Canna Hemp X brand names.

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