TREES Corporation (OTCMKTS:CANN) Short Interest Down 53.9% in April

TREES Corporation (OTCMKTS:CANN) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 13,047 shares, a drop of 53.9% from the April 15th total of 28,305 shares. Based on an average trading volume of 256,702 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

TREES Price Performance

Shares of CANN stock traded up $0.00 during trading on Friday, reaching $0.02. The company had a trading volume of 262,940 shares, compared to its average volume of 101,047. The firm’s 50 day simple moving average is $0.03 and its two-hundred day simple moving average is $0.03. TREES has a one year low of $0.01 and a one year high of $0.06. The company has a market capitalization of $2.69 million, a PE ratio of -1.17 and a beta of -0.45.

TREES (OTCMKTS:CANN) last issued its quarterly earnings data on Friday, May 15th. The company reported $999.00 earnings per share for the quarter.

About TREES

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. The company was formerly known as General Cannabis Corp. and changed its name to Trees Corporation in June 2022. Trees Corporation was incorporated in 2013 and is headquartered in Lakewood, Colorado.