Short Interest in Sugarmade Inc. (OTCMKTS:SGMD) Drops By 99.7%
by Scott Moore · The Cerbat GemSugarmade Inc. (OTCMKTS:SGMD – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 2 shares, a decrease of 99.7% from the June 30th total of 764 shares. Based on an average daily volume of 72,178 shares, the short-interest ratio is currently 0.0 days.
Sugarmade Price Performance
Shares of SGMD stock remained flat at $0.00 during mid-day trading on Friday. 798 shares of the stock were exchanged, compared to its average volume of 30,865. The business has a fifty day moving average of $0.01. Sugarmade has a twelve month low of $0.00 and a twelve month high of $0.44.
Sugarmade Company Profile
Sugarmade, Inc (OTCMKTS: SGMD) operates as a diversified consumer products company specializing in the development, marketing and sale of personal vaporizer devices, water treatment systems and related accessories. The company’s vapor products portfolio includes electronic cigarette starter kits, replacement cartridges and batteries designed for adult smokers seeking alternatives to traditional tobacco. Through its online retail platform and selected wholesale partnerships, Sugarmade offers a range of branded and third-party vaping hardware, e-liquids and ancillary items such as coils, tanks and chargers.
In addition to its focus on vapor technology, Sugarmade has expanded into water purification and filtration solutions.