Short Interest in American Cannabis Company, Inc (OTCMKTS:AMMJ) Drops By 98.8%
by Mitch Edgeman · The Markets DailyAmerican Cannabis Company, Inc (OTCMKTS:AMMJ – Get Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 137 shares, a decrease of 98.8% from the July 15th total of 11,362 shares. Based on an average daily trading volume, of 134,576 shares, the days-to-cover ratio is presently 0.0 days.
American Cannabis Stock Performance
Shares of OTCMKTS:AMMJ remained flat at $0.00 during midday trading on Tuesday. 775 shares of the stock traded hands, compared to its average volume of 25,379. American Cannabis has a 12-month low of $0.00 and a 12-month high of $0.01.
American Cannabis Company Profile
American Cannabis Company, Inc (OTCMKTS: AMMJ) is a diversified holding and management company focused on the legal cannabis industry. The firm makes strategic equity investments and provides operational support to a network of businesses engaged in the cultivation, extraction, manufacturing, distribution, and retail of cannabis and hemp-derived products.
The company’s portfolio spans the full value chain, from greenhouses and indoor cultivation facilities to processing labs, manufacturing sites and dispensary operations.
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