Short Interest in WEED, Inc. (OTCMKTS:BUDZ) Increases By 2,246.7%

WEED, Inc. (OTCMKTS:BUDZ) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 70,400 shares, a growth of 2,246.7% from the October 31st total of 3,000 shares. Based on an average daily trading volume, of 197,200 shares, the short-interest ratio is presently 0.4 days.

WEED Price Performance

Shares of OTCMKTS BUDZ opened at $0.04 on Friday. The firm’s 50-day moving average is $0.04 and its two-hundred day moving average is $0.06. WEED has a 12-month low of $0.03 and a 12-month high of $0.11.

About WEED

WEED, Inc, together with its subsidiaries, focuses on the development and application of cannabis-derived compounds for the treatment of human diseases and animal ailments. It is involved in the cultivation and harvesting cannabis and hemp for research, product development, processing, manufacturing, and sale of pharmaceutical and non-pharmaceutical products, services, therapeutics, and treatments for the medical cannabis and hemp markets.