Short Interest in Acreage Holdings, Inc. (OTCMKTS:ACRDF) Decreases By 42.6%

Acreage Holdings, Inc. (OTCMKTS:ACRDF) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 21,600 shares, a decline of 42.6% from the October 31st total of 37,600 shares. Based on an average trading volume of 39,400 shares, the days-to-cover ratio is presently 0.5 days.

Acreage Stock Performance

ACRDF stock opened at $0.13 on Friday. The firm’s 50-day moving average price is $0.17 and its two-hundred day moving average price is $0.26. Acreage has a 12-month low of $0.03 and a 12-month high of $0.68.

Acreage Company Profile

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.