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BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) Sees Significant Drop in Short Interest

Defense World ·  Jan 23, 2023 01:01

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN – Get Rating) was the target of a significant decline in short interest in the month of December. As of December 30th, there was short interest totalling 29,500 shares, a decline of 5.1% from the December 15th total of 31,100 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 55,900 shares, the short-interest ratio is presently 0.5 days.

BYND Cannasoft Enterprises Stock Performance

NASDAQ BCAN opened at $3.45 on Monday. BYND Cannasoft Enterprises has a 1 year low of $2.12 and a 1 year high of $16.38. The company has a fifty day moving average of $3.72 and a 200 day moving average of $3.85.

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BYND Cannasoft Enterprises Company Profile

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BYND Cannasoft Enterprises Inc develops, markets, and sells customer relationship management (CRM) software products. It owns and markets Benefit CRM, a customer relationship management software product that enables small and medium-sized enterprises to optimize day-to-day functions, such as sales management, workforce management, contact center operations, and asset management; and New Cannabis CRM platform for the medical cannabis industry, as well as manages the construction, licensing, and operation of a cannabis farm and indoor cannabis growing facility.

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