BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) Short Interest Update

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 469,200 shares, a decline of 26.3% from the June 30th total of 636,600 shares. Based on an average daily volume of 1,370,000 shares, the short-interest ratio is currently 0.3 days. Currently, 5.2% of the shares of the company are sold short.

BYND Cannasoft Enterprises Price Performance

BYND Cannasoft Enterprises stock traded down $0.01 during midday trading on Monday, reaching $0.61. 56,398 shares of the stock traded hands, compared to its average volume of 1,110,914. The company has a current ratio of 10.83, a quick ratio of 10.83 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average price of $0.72 and a two-hundred day moving average price of $12.87. BYND Cannasoft Enterprises has a fifty-two week low of $0.54 and a fifty-two week high of $292.60.

BYND Cannasoft Enterprises (NASDAQ:BCAN) last posted its earnings results on Wednesday, May 15th. The company reported ($91.12) earnings per share (EPS) for the quarter. The business had revenue of $0.42 million for the quarter.

Institutional Trading of BYND Cannasoft Enterprises

An institutional investor recently raised its position in BYND Cannasoft Enterprises stock. Mirae Asset Global Investments Co. Ltd. increased its holdings in BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) by 67.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,627,332 shares of the company’s stock after purchasing an additional 655,555 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in BYND Cannasoft Enterprises were worth $553,000 at the end of the most recent quarter.

BYND Cannasoft Enterprises Company Profile

BYND Cannasoft Enterprises Inc, through its subsidiaries, develops, markets, and sells proprietary client relationship management software products in Israel. The company owns and markets Benefit CRM, a customer relationship management software product that enables small and medium-sized enterprises to optimize day-to-day functions, such as sales management, personnel management, marketing, call centre, and asset management activities; and develops New Cannabis CRM platform for the medical cannabis industry, as well as manages the construction, licensing, and operation of a cannabis farm and indoor cannabis growing facility.