Acreage Holdings, Inc. (OTCMKTS:ACRDF) Sees Significant Drop in Short Interest

Acreage Holdings, Inc. (OTCMKTS:ACRDF) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,500 shares, a decrease of 91.0% from the March 31st total of 27,800 shares. Based on an average trading volume of 87,500 shares, the short-interest ratio is currently 0.0 days.

Acreage Stock Down 5.5 %

Shares of ACRDF opened at $0.38 on Friday. Acreage has a 1 year low of $0.08 and a 1 year high of $0.75. The business’s 50 day simple moving average is $0.30 and its 200-day simple moving average is $0.27.

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.