Acreage Holdings, Inc. (OTCMKTS:ACRDF) Sees Large Decrease in Short Interest

Acreage Holdings, Inc. (OTCMKTS:ACRDF) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 5,800 shares, a decline of 30.1% from the August 15th total of 8,300 shares. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is currently 0.2 days.

Acreage Stock Up 19.1 %

Shares of OTCMKTS:ACRDF opened at $0.54 on Friday. Acreage has a 12-month low of $0.14 and a 12-month high of $1.75. The business’s 50 day moving average is $0.25 and its 200 day moving average is $0.46.

About Acreage

Acreage Holdings, Inc operates in cannabis industry in the United States. It is involved in cultivating and processing cannabis plants; manufacturing branded consumer products; distributing cannabis flower and manufactured products; and retailing dosable cannabis products to consumers. The company's products appeal to medical and adult recreational use customers.