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

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

BYND Cannasoft Enterprises Stock Down 1.4 %

Shares of NASDAQ:BCAN opened at $3.45 on Monday. The firm’s 50 day simple moving average is $3.72 and its 200-day simple moving average is $3.85. BYND Cannasoft Enterprises has a one year low of $2.12 and a one year high of $16.38.

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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