Short Interest in Trees Co. (OTCMKTS:CANN) Decreases By 33.8%

Trees Co. (OTCMKTS:CANN) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 34,100 shares, a decrease of 33.8% from the October 15th total of 51,500 shares. Based on an average trading volume of 125,800 shares, the short-interest ratio is presently 0.3 days.

Trees Stock Performance

OTCMKTS CANN remained flat at $0.04 on Friday. The company had a trading volume of 125,881 shares, compared to its average volume of 76,058. The firm has a market cap of $4.84 million, a price-to-earnings ratio of -1.12 and a beta of -0.13. Trees has a 1-year low of $0.02 and a 1-year high of $0.13. The business has a fifty day moving average price of $0.05 and a 200 day moving average price of $0.07.

Trees Company Profile

Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon.