Trees Co. (OTCMKTS:CANN) Short Interest Down 33.8% in October

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

Trees Price Performance

Shares of OTCMKTS CANN traded up $0.01 during midday trading on Friday, hitting $0.05. 43,786 shares of the company’s stock were exchanged, compared to its average volume of 90,814. Trees has a twelve month low of $0.02 and a twelve month high of $0.13. The firm’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $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.