Short Interest in Trees Co. (OTCMKTS:CANN) Decreases By 20.0%

Trees Co. (OTCMKTS:CANN) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,200 shares, a decline of 20.0% from the August 15th total of 1,500 shares. Based on an average daily trading volume, of 85,600 shares, the short-interest ratio is presently 0.0 days.

Trees Price Performance

Trees stock traded down $0.00 during midday trading on Monday, reaching $0.04. 39,400 shares of the company traded hands, compared to its average volume of 76,660. The business has a 50 day moving average of $0.06 and a two-hundred day moving average of $0.08. The firm has a market capitalization of $4.39 million, a price-to-earnings ratio of -0.67 and a beta of -0.11. Trees has a 12 month low of $0.02 and a 12 month high of $0.20.

Trees (OTCMKTS:CANN) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.01) EPS for the quarter. Trees had a negative net margin of 37.14% and a negative return on equity of 615.40%. The business had revenue of $3.69 million during 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.