BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) Sees Significant Increase in Short Interest

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 8,000 shares, an increase of 9.6% from the December 15th total of 7,300 shares. Based on an average trading volume of 21,100 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

BYND Cannasoft Enterprises Price Performance

Shares of NASDAQ BCAN traded down $0.14 during mid-day trading on Friday, reaching $4.44. The company had a trading volume of 6,584 shares, compared to its average volume of 49,515. The stock has a fifty day moving average of $7.45 and a two-hundred day moving average of $5.84. BYND Cannasoft Enterprises has a 12-month low of $4.08 and a 12-month high of $1,049.75.

About BYND Cannasoft Enterprises

Femto Technologies, Inc develops, markets and sells a proprietary client relationship management software known as Benefit CRM and Cannabis CRM platform. It also develops the EZ-G device, a patent-pending device that, combined with proprietary software. The company was founded on March 29, 2021 and is headquartered in Kiryat Motzkin, Israel.