Acreage Holdings, Inc. (OTCMKTS:ACRHF) Sees Large Decline in Short Interest

Acreage Holdings, Inc. (OTCMKTS:ACRHF) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 7,200 shares, a decrease of 77.0% from the March 31st total of 31,300 shares. Based on an average daily volume of 323,100 shares, the days-to-cover ratio is currently 0.0 days.

Acreage Stock Down 23.6 %

Shares of OTCMKTS:ACRHF opened at $0.32 on Friday. The firm’s 50-day simple moving average is $0.31 and its 200-day simple moving average is $0.23. Acreage has a fifty-two week low of $0.11 and a fifty-two week high of $0.70.

About Acreage

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.