Akanda Corp. (NASDAQ:AKAN – Get Free Report) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totalling 365,900 shares, a drop of 66.1% from the April 15th total of 1,080,000 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average trading volume of 8,940,000 shares, the days-to-cover ratio is currently 0.0 days.
Akanda Price Performance
Shares of AKAN opened at $0.10 on Monday. Akanda has a 1-year low of $0.09 and a 1-year high of $1.22. The firm has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.31.
About Akanda
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