Will MEDICINE MAN TECHNOLOGIES INC (OTCMKTS:MDCL) Run Out of Steam Soon? Short Interest is Up

May 10, 2018 - By Winifred Garcia

Medicine Man Technologies, Inc. (OTCMKTS:MDCL) Logo

The stock of MEDICINE MAN TECHNOLOGIES INC (OTCMKTS:MDCL) registered an increase of 120% in short interest. MDCL’s total short interest was 5,500 shares in May as published by FINRA. Its up 120% from 2,500 shares, reported previously. With 69,400 shares average volume, it will take short sellers 0 days to cover their MDCL’s short positions. The short interest to MEDICINE MAN TECHNOLOGIES INC’s float is 0.04%.

The stock increased 3.28% or $0.06 during the last trading session, reaching $1.85. About 65,305 shares traded or 38.96% up from the average. Medicine Man Technologies, Inc. (OTCMKTS:MDCL) has 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Medicine Man Technologies, Inc. provides cultivation consulting services for cannabis growing technologies and methodologies. The company has market cap of $44.55 million. The firm also provides licensing and seminar services. It currently has negative earnings. In addition, it engages in retail activities of cannabis products.

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