TREES Corporation (OTCMKTS:CANN) Short Interest Up 1,311.4% in October

TREES Corporation (OTCMKTS:CANN) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 49,400 shares, a growth of 1,311.4% from the September 30th total of 3,500 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 316,600 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 316,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

TREES Price Performance

Shares of OTCMKTS:CANN opened at $0.05 on Tuesday. The company’s fifty day moving average price is $0.04 and its 200-day moving average price is $0.03. The firm has a market capitalization of $5.30 million, a price-to-earnings ratio of -2.39 and a beta of -0.39. TREES has a one year low of $0.01 and a one year high of $0.06.

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.