Resonate Blends, Inc. (OTCMKTS:KOAN) Short Interest Update

Resonate Blends, Inc. (OTCMKTS:KOAN) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 2,400 shares, an increase of 500.0% from the September 15th total of 400 shares. Based on an average daily trading volume, of 39,300 shares, the days-to-cover ratio is presently 0.1 days.

Shares of KOAN stock traded up $0.01 during trading hours on Thursday, reaching $0.39. The company had a trading volume of 225 shares, compared to its average volume of 59,144. Resonate Blends has a twelve month low of $0.08 and a twelve month high of $0.93. The stock’s fifty day simple moving average is $0.40 and its 200 day simple moving average is $0.43.

Resonate Blends (OTCMKTS:KOAN) last posted its earnings results on Wednesday, August 18th. The company reported ($0.04) earnings per share (EPS) for the quarter.

About Resonate Blends

Resonate Blends, Inc is a cannabis holding company, which is centered on valued-added holistic Wellness and Lifestyle brands. It offers cannabis-based products of consistent quality based on formations calibrated to Resonate Blends effects system, the industry gold standard in user experience. The company was founded by Richard T.

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