Trees Co. (OTCMKTS:CANN) Short Interest Down 20.0% in August

Trees Co. (OTCMKTS:CANN) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,200 shares, a decline of 20.0% from the August 15th total of 1,500 shares. Based on an average trading volume of 85,600 shares, the days-to-cover ratio is currently 0.0 days.

Trees Stock Performance

Shares of Trees stock remained flat at $0.04 during mid-day trading on Tuesday. 36,522 shares of the company were exchanged, compared to its average volume of 76,434. The company has a market capitalization of $4.39 million, a P/E ratio of -0.67 and a beta of -0.11. Trees has a 1-year low of $0.02 and a 1-year high of $0.20. The company has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.08.

Trees (OTCMKTS:CANN) last issued its quarterly earnings results on Friday, August 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $3.69 million for the quarter. Trees had a negative net margin of 37.14% and a negative return on equity of 615.40%.

Trees Company Profile

Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon.