Trees Co. (OTCMKTS:CANN) Short Interest Down 20.0% in August

Trees Co. (OTCMKTS:CANN) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,200 shares, a decrease of 20.0% from the August 15th total of 1,500 shares. Based on an average daily volume of 85,600 shares, the days-to-cover ratio is presently 0.0 days.

Trees Stock Down 10.8 %

Shares of OTCMKTS CANN traded down $0.00 during trading on Monday, hitting $0.04. 39,400 shares of the company traded hands, compared to its average volume of 76,660. Trees has a 1 year low of $0.02 and a 1 year high of $0.20. The firm has a market capitalization of $4.39 million, a P/E ratio of -0.67 and a beta of -0.11. The company has a 50-day moving average price of $0.06 and a 200-day moving average price of $0.08.

Trees (OTCMKTS:CANN) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. Trees had a negative return on equity of 615.40% and a negative net margin of 37.14%. The business had revenue of $3.69 million during the quarter.

Trees Company Profile

Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon.