Hempacco Co., Inc. (NASDAQ:HPCO – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 60,900 shares, a decrease of 35.3% from the June 30th total of 94,100 shares. Currently, 3.2% of the shares of the company are short sold. Based on an average daily trading volume, of 69,200 shares, the short-interest ratio is presently 0.9 days.
Hempacco Stock Performance
HPCO traded down $0.05 during trading hours on Monday, reaching $0.73. The company’s stock had a trading volume of 17,087 shares, compared to its average volume of 86,031. The company’s 50-day moving average is $0.85 and its 200-day moving average is $1.66. Hempacco has a 52 week low of $0.70 and a 52 week high of $5.41. The firm has a market cap of $2.13 million, a PE ratio of -0.16 and a beta of 1.51.
About Hempacco
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