Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) Sees Large Decline in Short Interest

Horizons Marijuana Life Sciences Index ETF (OTCMKTS:HMLSF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1 shares, a decrease of 99.0% from the September 15th total of 101 shares. Based on an average trading volume of 561 shares, the days-to-cover ratio is presently 0.0 days.

Horizons Marijuana Life Sciences Index ETF Price Performance

Shares of OTCMKTS:HMLSF remained flat at $4.92 during trading on Friday. The stock had a trading volume of 168 shares, compared to its average volume of 521. Horizons Marijuana Life Sciences Index ETF has a 12-month low of $0.51 and a 12-month high of $7.00. The stock has a fifty day moving average of $5.18 and a two-hundred day moving average of $5.13.

Horizons Marijuana Life Sciences Index ETF is an exchange-traded fund designed to provide investors with diversified exposure to the global cannabis industry. The fund invests primarily in companies involved in the cultivation, production, processing, distribution and sale of marijuana and marijuana-related products.

The ETF also provides exposure to businesses supporting the cannabis sector, including biotechnology, pharmaceutical development, industrial hemp, agricultural technology and ancillary products and services.