Short Interest in WEED, Inc. (OTCMKTS:BUDZ) Grows By 137.1%

WEED, Inc. (OTCMKTS:BUDZ) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 23,000 shares, a growth of 137.1% from the September 15th total of 9,700 shares. Based on an average daily volume of 120,700 shares, the days-to-cover ratio is currently 0.2 days.

Shares of OTCMKTS:BUDZ remained flat at $$0.30 during midday trading on Thursday. 121,383 shares of the stock were exchanged, compared to its average volume of 226,202. The business has a 50-day moving average of $0.29 and a 200 day moving average of $0.40. WEED has a 12-month low of $0.20 and a 12-month high of $2.68.

About WEED

WEED, Inc operates as a holding company, which engages on the development and application of cannabis-derived compounds for the treatment of human disease. It also purchasesf land and building commercial grade cultivation centers to consult, assist, manage, and lease to dispensary owners and organic grow operators.

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