Akanda Corp. (NASDAQ:AKAN – Get Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 17,220 shares, a growth of 175.8% from the July 15th total of 6,244 shares. Based on an average trading volume of 548,622 shares, the days-to-cover ratio is currently 0.0 days. Currently, 4.0% of the company’s shares are sold short.
Akanda Trading Up 28.7%
AKAN stock opened at $6.45 on Friday. Akanda has a fifty-two week low of $2.30 and a fifty-two week high of $209.02. The business’s 50 day moving average price is $10.71 and its two-hundred day moving average price is $10.21.
Akanda (NASDAQ:AKAN – Get Free Report) last announced its earnings results on Tuesday, June 9th. The company reported ($317.90) earnings per share (EPS) for the quarter.
Analyst Ratings Changes
Read Our Latest Analysis on Akanda
Akanda Company Profile
Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients worldwide. It offers medicinal-grade cannabis and cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.
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