VIVO Cannabis Inc (OTCMKTS:VVCIF) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 628,900 shares, a growth of 32.3% from the August 15th total of 475,300 shares. Based on an average daily trading volume, of 222,900 shares, the short-interest ratio is currently 2.8 days.
VVCIF opened at $0.15 on Thursday. The business has a 50-day moving average of $0.18 and a 200-day moving average of $0.17. VIVO Cannabis has a fifty-two week low of $0.11 and a fifty-two week high of $0.40.
Separately, Clarus Securities reissued a “buy” rating and issued a $0.70 price target on shares of VIVO Cannabis in a research report on Monday, August 17th.
About VIVO Cannabis
VIVO Cannabis Inc manufactures and distributes medical cannabis. The company was formerly known as ABcann Global Corporation and changed its name to VIVO Cannabis Inc in August 2018. The company is headquartered in Napanee, Canada.
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