Short Interest in Medicine Man Technologies, Inc. (OTCMKTS:SHWZ) Increases By 1,640.0%

Medicine Man Technologies, Inc. (OTCMKTS:SHWZGet Rating) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 17,400 shares, an increase of 1,640.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 185,900 shares, the short-interest ratio is presently 0.1 days.

Shares of SHWZ traded up $0.01 during mid-day trading on Tuesday, hitting $2.11. The company’s stock had a trading volume of 95,020 shares, compared to its average volume of 80,397. The stock’s 50-day moving average is $1.74 and its two-hundred day moving average is $1.85. Medicine Man Technologies has a one year low of $1.26 and a one year high of $2.95.

Separately, Benchmark started coverage on Medicine Man Technologies in a research report on Tuesday, December 14th. They set a “buy” rating and a $4.00 price objective for the company.

Medicine Man Technologies Company Profile (Get Rating)

Medicine Man Technologies, Inc, doing business as Schwazze, operates as a cannabis company. It operates through three segments: Retail, Wholesale, and Other. The company offers cannabis products that include loose flower, concentrates, edibles, pre-rolls, topicals, and other associated cannabis products; and vape cartridges and syringes.

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