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

WEED, Inc. (OTCMKTS:BUDZ) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 7,300 shares, a growth of 461.5% from the August 15th total of 1,300 shares. Based on an average trading volume of 115,600 shares, the short-interest ratio is currently 0.1 days.

WEED Trading Up 10.4 %

OTCMKTS:BUDZ traded up $0.01 during mid-day trading on Friday, hitting $0.06. 22,426 shares of the company’s stock were exchanged, compared to its average volume of 48,315. WEED has a one year low of $0.05 and a one year high of $0.15. The business has a fifty day moving average price of $0.06 and a 200 day moving average price of $0.07.

About WEED

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 applications.