Columbia Care Inc. (OTCMKTS:CCHWF – Get Rating) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 681,100 shares, a decrease of 5.2% from the December 31st total of 718,500 shares. Based on an average daily volume of 519,000 shares, the days-to-cover ratio is presently 1.3 days.
Columbia Care Price Performance
OTCMKTS:CCHWF opened at $0.61 on Tuesday. The company's 50-day moving average price is $1.08 and its 200-day moving average price is $1.48. Columbia Care has a twelve month low of $0.60 and a twelve month high of $3.39.
Get Columbia Care alerts:Analyst Upgrades and Downgrades
Separately, Cowen downgraded shares of Columbia Care from an "outperform" rating to a "market perform" rating and lowered their price target for the stock from $2.10 to $1.15 in a report on Tuesday, December 20th.
Columbia Care Company Profile
(Get Rating)
Columbia Care Inc cultivates, manufactures, and provides cannabis products and related services. It offers flowers, edibles, oils, and tablets under the Seed & Strain, Triple Seven, gLeaf, Classix, Press, Amber, and Platinum Label CBD brands. The company holds licenses in 18 jurisdictions in the United States and the European Union.
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