Medicine Man Technologies, Inc. (OTCMKTS:SHWZ) Short Interest Update

Medicine Man Technologies, Inc. (OTCMKTS:SHWZ) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 12,500 shares, a growth of 155.1% from the June 30th total of 4,900 shares. Based on an average trading volume of 448,500 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Benchmark restated a “buy” rating and set a $2.50 price objective on shares of Medicine Man Technologies in a research report on Thursday, May 16th.

Medicine Man Technologies Stock Performance

SHWZ stock remained flat at $0.21 during trading on Friday. The company had a trading volume of 6,880 shares, compared to its average volume of 84,628. Medicine Man Technologies has a fifty-two week low of $0.01 and a fifty-two week high of $1.55. The business’s fifty day simple moving average is $0.37 and its 200 day simple moving average is $0.70.

Medicine Man Technologies Company Profile

Medicine Man Technologies, Inc, doing business as Schwazze, engages in the cultivation, manufacturing, distribution, and retail sale of cannabis and cannabis related products in Colorado and New Mexico. It operates through Retail, Wholesale, and Others segments. The company offers loose flower, concentrates, edibles, pre-rolls, topicals, infused beverages, and other associated cannabis products produced by cannabis vendors; and cannabis and non-cannabis products.