Greenlane Holdings faces increased short interest as it reports losses and modest revenue.

Greenlane Holdings (GNLN) saw a 41.1% rise in short interest in October, with 67,600 shares shorted as of October 31, representing 10.3% of its shares. The company reported a loss of $1.33 per share and revenue of $2.65 million in its last earnings report. Greenlane develops and distributes cannabis accessories, vape solutions, and lifestyle products across the US, Canada, and Europe.

November 17, 2024
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