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

Acreage Holdings, Inc. (OTCMKTS:ACRHF) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 22,500 shares, an increase of 24.3% from the August 31st total of 18,100 shares. Based on an average daily volume of 49,400 shares, the short-interest ratio is presently 0.5 days.

Acreage Stock Performance

ACRHF opened at $0.19 on Friday. Acreage has a fifty-two week low of $0.11 and a fifty-two week high of $0.70. The company’s 50-day moving average is $0.20 and its 200 day moving average is $0.29.

About Acreage

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.