BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) Sees Significant Drop in Short Interest

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 8,100 shares, a drop of 39.1% from the November 15th total of 13,300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 14,900 shares, the short-interest ratio is presently 0.5 days.

BYND Cannasoft Enterprises Stock Down 3.3 %

Shares of NASDAQ BCAN traded down $0.28 during midday trading on Friday, hitting $8.02. 3,207 shares of the company’s stock were exchanged, compared to its average volume of 48,182. The business’s fifty day moving average price is $8.05 and its two-hundred day moving average price is $4.73. BYND Cannasoft Enterprises has a 12-month low of $7.70 and a 12-month high of $3,682.20.

BYND Cannasoft Enterprises Company Profile

Femto Technologies Inc develops and manufactures women’s wellness devices and services. It offers its products for muscle relief and relaxation, redefining skin, and nurturing its hair, as well as sexual wellness devices. The company owns and markets Benefit customer relationship management (CRM), a proprietary customer relationship management software product that enables small and medium-sized enterprises to optimize day-to-day business activities.