TREES Corporation (OTCMKTS:CANN) Sees Significant Decrease in Short Interest

TREES Corporation (OTCMKTS:CANN – Get Free Report) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 13,047 shares, a drop of 53.9% from the April 15th total of 28,305 shares. Based on an average daily trading volume, of 256,702 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

TREES Stock Performance

Shares of TREES stock traded up $0.00 during trading hours on Friday, reaching $0.02. The company’s stock had a trading volume of 648 shares, compared to its average volume of 122,898. TREES has a one year low of $0.01 and a one year high of $0.06. The company has a market capitalization of $2.75 million, a P/E ratio of -1.20 and a beta of -0.45. The stock’s fifty day simple moving average is $0.03 and its two-hundred day simple moving average is $0.04.

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TREES Company Profile

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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. The company was formerly known as General Cannabis Corp. and changed its name to Trees Corporation in June 2022. Trees Corporation was incorporated in 2013 and is headquartered in Lakewood, Colorado.

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