Acreage Holdings, Inc. (OTCMKTS:ACRHF) Short Interest Up 37.1% in August

Acreage Holdings, Inc. (OTCMKTS:ACRHF) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 18,100 shares, a growth of 37.1% from the August 15th total of 13,200 shares. Based on an average trading volume of 43,700 shares, the days-to-cover ratio is presently 0.4 days.

Acreage Stock Performance

OTCMKTS ACRHF opened at $0.20 on Friday. Acreage has a 12 month low of $0.11 and a 12 month high of $0.70. The company’s 50 day moving average is $0.21 and its two-hundred day moving average is $0.29.

Acreage Company Profile

Acreage Holdings, Inc operates in cannabis industry in the United States. It cultivates and processes cannabis plants; manufactures branded consumer products; distributes cannabis flower and manufactured products; and retails dosable cannabis products to consumers. The company serves medical and adult recreational use customers in Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Ohio, and Pennsylvania under the The Botanist, Prime, and Superflux brands.