Short Interest in American Cannabis Company, Inc (OTCMKTS:AMMJ) Grows By 122.2%

American Cannabis Company, Inc (OTCMKTS:AMMJ) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 16,000 shares, an increase of 122.2% from the September 15th total of 7,200 shares. Based on an average daily trading volume, of 180,800 shares, the short-interest ratio is currently 0.1 days.

AMMJ traded up $0.01 on Thursday, hitting $0.11. The company had a trading volume of 132,801 shares, compared to its average volume of 494,863. American Cannabis has a 1 year low of $0.05 and a 1 year high of $0.66. The company’s fifty day moving average price is $0.12 and its 200 day moving average price is $0.17.

American Cannabis Company Profile

American Cannabis Company, Inc, together with its subsidiary, Hollister & Blacksmith, Inc, doing business as American Cannabis Consulting, provides solutions for businesses operating in the regulated cannabis industry in the United States and Canada. The company offers advisory and consulting services, including commercial cannabis business planning, cannabis business license application, cultivation build-out oversight, cannabis regulatory compliance, compliance audit, cannabis business growth strategy, and cannabis business monitoring services.

Featured Story: Day Trading

Receive News & Ratings for American Cannabis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Cannabis and related companies with MarketBeat.com's FREE daily email newsletter.