Short Interest in Acreage Holdings, Inc. (OTCMKTS:ACRHF) Grows By 24.3%

Acreage Holdings, Inc. (OTCMKTS:ACRHF) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 22,500 shares, an increase of 24.3% from the August 31st total of 18,100 shares. Based on an average daily trading volume, of 49,400 shares, the days-to-cover ratio is currently 0.5 days.

Acreage Stock Performance

Shares of Acreage stock opened at $0.19 on Monday. Acreage has a 52-week low of $0.11 and a 52-week high of $0.70. The stock’s 50-day simple moving average is $0.20 and its 200 day simple moving average is $0.29.

Acreage Company Profile

Acreage Holdings, Inc operates in cannabis industry in the United States. It cultivates and processes cannabis plants; manufactures branded consumer products; distributes cannabis flower and manufactured products; and retails dosable cannabis products to consumers. The company serves medical and adult recreational use customers in Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Ohio, and Pennsylvania under the The Botanist, Prime, and Superflux brands.