Leafly Holdings, Inc. (NASDAQ:LFLYW – Get Rating) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 9,200 shares, a growth of 10.8% from the March 31st total of 8,300 shares. Based on an average trading volume of 7,000 shares, the short-interest ratio is presently 1.3 days.

Leafly Stock Down 14.4 %

NASDAQ:LFLYW opened at $0.03 on Monday. The company has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.07. Leafly has a 12 month low of $0.02 and a 12 month high of $1.88.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Walleye Capital LLC bought a new stake in shares of Leafly during the 1st quarter valued at $87,000. Woodline Partners LP boosted its stake in Leafly by 414.5% during the second quarter. Woodline Partners LP now owns 60,200 shares of the company's stock worth $41,000 after buying an additional 48,500 shares during the period. B. Riley Wealth Advisors Inc. increased its position in Leafly by 701.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 220,337 shares of the company's stock valued at $38,000 after acquiring an additional 192,837 shares during the last quarter. LMR Partners LLP lifted its stake in Leafly by 7.6% in the third quarter. LMR Partners LLP now owns 2,329,972 shares of the company's stock worth $1,582,000 after purchasing an additional 164,696 shares during the last quarter. Finally, Linden Advisors LP bought a new position in shares of Leafly during the third quarter valued at approximately $56,000.

Leafly Company Profile

(Get Rating)

Leafly Holdings, Inc owns and operates an online cannabis information resource for medical marijuana patients and seasoned consumers. The company's platform provides information on cannabis flowers, topicals, edibles, concentrates, and other products; medical dispensaries, recreational stores, and doctors; and strains.

Further Reading

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