Short Interest in Sugarmade Inc. (OTCMKTS:SGMD) Drops By 42.3%

Sugarmade Inc. (OTCMKTS:SGMD) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 990 shares, a decline of 42.3% from the December 15th total of 1,715 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 115,091 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 115,091 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Sugarmade Stock Performance

Shares of SGMD stock traded up $0.00 on Friday, reaching $0.00. The stock had a trading volume of 9,618 shares, compared to its average volume of 33,146. Sugarmade has a 1 year low of $0.00 and a 1 year high of $0.10.

About Sugarmade

Sugarmade, Inc (OTCMKTS: SGMD) operates as a diversified consumer products company specializing in the development, marketing and sale of personal vaporizer devices, water treatment systems and related accessories. The company’s vapor products portfolio includes electronic cigarette starter kits, replacement cartridges and batteries designed for adult smokers seeking alternatives to traditional tobacco. Through its online retail platform and selected wholesale partnerships, Sugarmade offers a range of branded and third-party vaping hardware, e-liquids and ancillary items such as coils, tanks and chargers.

In addition to its focus on vapor technology, Sugarmade has expanded into water purification and filtration solutions.