Acreage Holdings, Inc. (OTCMKTS:ACRHF) Sees Significant Growth in Short Interest

Acreage Holdings, Inc. (OTCMKTS:ACRHF) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 55,900 shares, an increase of 975.0% from the May 31st total of 5,200 shares. Based on an average daily trading volume, of 181,700 shares, the days-to-cover ratio is presently 0.3 days.

Acreage Trading Up 10.0 %

Acreage stock opened at $0.28 on Friday. The firm’s 50 day moving average price is $0.33 and its two-hundred day moving average price is $0.26. Acreage has a twelve month low of $0.11 and a twelve month high of $0.70.

Acreage Company Profile

Acreage Holdings, Inc operates in cannabis industry in the United States. It cultivates and processes cannabis plants; manufactures branded consumer products; distributes cannabis flower and manufactured products; and retails dosable cannabis products to consumers. The company serves medical and adult recreational use customers in Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Ohio, and Pennsylvania under the The Botanist, Prime, and Superflux brands.