Hempacco Co., Inc. (NASDAQ:HPCO – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 115,300 shares, a growth of 45.9% from the May 31st total of 79,000 shares. Currently, 6.1% of the company’s shares are short sold. Based on an average daily volume of 127,900 shares, the days-to-cover ratio is currently 0.9 days.
Hempacco Stock Performance
NASDAQ:HPCO remained flat at $0.84 on Monday. The company’s stock had a trading volume of 23,633 shares, compared to its average volume of 96,715. Hempacco has a 52 week low of $0.77 and a 52 week high of $5.97. The firm’s 50-day simple moving average is $0.95 and its 200-day simple moving average is $2.07. The firm has a market capitalization of $2.44 million, a P/E ratio of -0.18 and a beta of 1.51.
About Hempacco
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