MCIG INC (OTCMKTS:MCIG) Stock Is Shorted Less

May 10, 2018 - By Clifton Ray

The stock of MCIG INC (OTCMKTS:MCIG) registered a decrease of 73.18% in short interest. MCIG’s total short interest was 4,800 shares in May as published by FINRA. Its down 73.18% from 17,900 shares, reported previously.

The stock increased 2.25% or $0.0049 during the last trading session, reaching $0.2225. About 743,994 shares traded. mCig, Inc. (OTCMKTS:MCIG) has 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

mCig, Inc. operates as a cannabis cultivation construction firm in the United States and internationally. The company has market cap of $92.41 million. The firm operates through five divisions: Construction and Consulting, CBD, Vaporizers, Media, and Supplies. It has a 37.08 P/E ratio. The Construction and Consulting segment designs, develops, engineers, and constructs modular buildings and green houses that assist cannabis and herbal growers in the market, as well as offers consulting services in the cannabis industry.

More recent mCig, Inc. (OTCMKTS:MCIG) news were published by: Investorplace.com which released: “4 Hot Penny Stocks That Could See Outsized Gains” on May 09, 2018. Also Globenewswire.com published the news titled: “mCig Inc. Updates Shareholders on NYAcres Hemp Project” on April 17, 2018. Investorplace.com‘s news article titled: “Former House Speaker John Boehner Is the New Face of Marijuana Legalization” with publication date: April 13, 2018 was also an interesting one.

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