WEED, Inc. (OTCMKTS:BUDZ) Sees Significant Increase in Short Interest

WEED, Inc. (OTCMKTS:BUDZ) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 10,100 shares, an increase of 1,342.9% from the January 31st total of 700 shares. Based on an average daily volume of 72,000 shares, the days-to-cover ratio is currently 0.1 days.

WEED Price Performance

WEED stock traded down $0.00 during midday trading on Friday, hitting $0.03. The company’s stock had a trading volume of 23,660 shares, compared to its average volume of 50,557. WEED has a 12 month low of $0.03 and a 12 month high of $0.11. The stock’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.04.

WEED Company Profile

WEED, Inc, together with its subsidiaries, focuses on the development and application of cannabis-derived compounds for the treatment of human diseases and animal ailments. It is involved in the cultivation and harvesting cannabis and hemp for research, product development, processing, manufacturing, and sale of pharmaceutical and non-pharmaceutical products, services, therapeutics, and treatments for the medical cannabis and hemp markets.