What’s Next for MARIJUANA COMPANY OF AMERICA INC (OTCMKTS:MCOA) After Having Less Shares Shorted?

May 10, 2018 - By Lynda A. Deweese

Marijuana Company of America, Inc. (OTCMKTS:MCOA) Logo

The stock of MARIJUANA COMPANY OF AMERICA INC (OTCMKTS:MCOA) registered a decrease of 99.94% in short interest. MCOA’s total short interest was 100 shares in May as published by FINRA. Its down 99.94% from 162,000 shares, reported previously.

The stock increased 2.71% or $0.0008 during the last trading session, reaching $0.0303. About 5.18M shares traded. Marijuana Company of America, Inc. (OTCMKTS:MCOA) has 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Marijuana Company of America, Inc., a cannabis and hemp company, engages in the marketing, sale, and delivery of medical marijuana in the United States and internationally. The company has market cap of $64.82 million. The firm offers hemp solutions for health and beauty, and a range of accessories and clothing derived from hemp under the HempSmart brand name. It currently has negative earnings. It also offers its products through hempSMART.com.

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