Resonate Blends, Inc. (OTCMKTS:KOAN) Sees Large Increase in Short Interest

Resonate Blends, Inc. (OTCMKTS:KOAN) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 29,400 shares, an increase of 137.1% from the December 31st total of 12,400 shares. Based on an average trading volume of 2,838,000 shares, the days-to-cover ratio is currently 0.0 days.

Resonate Blends Stock Up 15.0 %

Shares of OTCMKTS:KOAN traded up $0.00 during mid-day trading on Wednesday, hitting $0.00. 10,001 shares of the company traded hands, compared to its average volume of 3,207,067. The stock has a market cap of $306,419.80, a price-to-earnings ratio of -0.05 and a beta of 2.82. Resonate Blends has a 12-month low of $0.00 and a 12-month high of $0.08.

About Resonate Blends

Resonate Blends, Inc, a cannabis holding company, provides cannabis wellness lifestyle products. The company offers Calm to quiet the mind and ease into a gentle sense of wellbeing; Wonder, a THC offering to bring back the youthful sense; Love to reduce barriers to intimacy, stimulate personal connections, and increase tactile sensation; Create to stimulate senses, spark imagination, and channel inner muse; Play to become fully immersed in the moment and the people around; Delight to open up senses; and Sleep for helping to fall asleep.