AmeriCann, Inc. (OTCMKTS:ACAN) Sees Large Decline in Short Interest

AmeriCann, Inc. (OTCMKTS:ACAN) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 300 shares, a decrease of 78.6% from the September 15th total of 1,400 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is presently 0.0 days.

AmeriCann Price Performance

ACAN opened at $0.03 on Friday. The business has a 50 day moving average of $0.03 and a 200-day moving average of $0.05. AmeriCann has a 1-year low of $0.03 and a 1-year high of $0.29.

AmeriCann Company Profile

AmeriCann, Inc designs, develops, leases, and operates cannabis cultivation, processing, and manufacturing facilities in the United States. The company engages in the product manufacturing and greenhouse cultivation facilities for licensed cannabis business. Its flagship project is the Massachusetts Cannabis Center that is developed on a 52-acre parcel of land located in Freetown, southeastern Massachusetts.