BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) Sees Large Growth in Short Interest

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 13,700 shares, an increase of 45.7% from the October 15th total of 9,400 shares. Based on an average daily trading volume, of 30,200 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

BYND Cannasoft Enterprises Trading Up 0.5 %

Shares of NASDAQ:BCAN opened at $8.04 on Friday. The stock has a fifty day moving average of $8.08 and a 200-day moving average of $3.75. BYND Cannasoft Enterprises has a one year low of $7.80 and a one year high of $4,360.50.

BYND Cannasoft Enterprises (NASDAQ:BCAN) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.30) earnings per share for the quarter. The company had revenue of $0.30 million during the quarter.

About BYND Cannasoft Enterprises

Femto Technologies Inc develops and manufactures women’s wellness devices and services. It offers its products for muscle relief and relaxation, redefining skin, and nurturing its hair, as well as sexual wellness devices. The company owns and markets Benefit customer relationship management (CRM), a proprietary customer relationship management software product that enables small and medium-sized enterprises to optimize day-to-day business activities.