General Cannabis Corp (OTCMKTS:CANN) Short Interest Down 29.8% in April

General Cannabis Corp (OTCMKTS:CANN – Get Rating) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 93,700 shares, a decrease of 29.8% from the March 31st total of 133,500 shares. Based on an average daily trading volume, of 149,300 shares, the days-to-cover ratio is currently 0.6 days.

Shares of General Cannabis stock opened at $0.29 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.58. The stock has a 50-day moving average price of $0.38 and a 200 day moving average price of $0.35. General Cannabis has a 1 year low of $0.20 and a 1 year high of $0.90.

About General Cannabis (Get Rating)

General Cannabis Corp. provides products and services to the regulated cannabis industry and non-cannabis customers 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 a retail dispensary store in Englewood, Colorado, as well as two retail stores in Portland, Oregon.

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