Medicine Man Technologies, Inc. (OTCMKTS:SHWZ – Get Rating) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,900 shares, a drop of 69.8% from the April 30th total of 6,300 shares. Based on an average trading volume of 78,500 shares, the days-to-cover ratio is presently 0.0 days.
Medicine Man Technologies Stock Down 2.5 %
Shares of SHWZ stock traded down $0.03 during trading hours on Friday, reaching $1.01. 18,519 shares of the company traded hands, compared to its average volume of 43,468. Medicine Man Technologies has a 12-month low of $0.87 and a 12-month high of $2.10. The firm has a 50-day moving average price of $1.08 and a 200 day moving average price of $1.32.
Analysts Set New Price Targets
Separately, Benchmark reiterated a “buy” rating and set a $3.00 target price on shares of Medicine Man Technologies in a research report on Thursday, March 30th.
About Medicine Man Technologies
Medicine Man Technologies, Inc engages in the cultivation, manufacture, distribution, and retail sale of cannabis and cannabis related products. It operates through the following segments: Retail, Wholesale, and Other. The Retail segment includes retail locations for sale of cannabis products. The Wholesale segment manufactures, cultivates, and sells wholesale cannabis and non-cannabis products.
- Get a free copy of the StockNews.com research report on Medicine Man Technologies (SHWZ)
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