WEED, Inc. (OTCMKTS:BUDZ) Sees Large Growth in Short Interest

WEED, Inc. (OTCMKTS:BUDZ) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 70,400 shares, a growth of 2,246.7% from the October 31st total of 3,000 shares. Based on an average trading volume of 197,200 shares, the days-to-cover ratio is currently 0.4 days.

WEED Price Performance

Shares of WEED stock opened at $0.04 on Thursday. WEED has a 12-month low of $0.03 and a 12-month high of $0.11. The stock’s fifty day moving average is $0.04 and its 200-day moving average is $0.06.

About WEED

WEED, Inc, together with its subsidiaries, focuses on the development and application of cannabis-derived compounds for the treatment of human diseases and animal ailments. It is involved in the cultivation and harvesting cannabis and hemp for research, product development, processing, manufacturing, and sale of pharmaceutical and non-pharmaceutical products, services, therapeutics, and treatments for the medical cannabis and hemp markets.