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

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,000 shares, an increase of 9.6% from the December 15th total of 7,300 shares. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

BYND Cannasoft Enterprises Trading Down 3.1 %

BCAN stock traded down $0.14 during trading on Friday, hitting $4.44. The stock had a trading volume of 6,584 shares, compared to its average volume of 49,515. The company’s 50 day moving average price is $7.45 and its two-hundred day moving average price is $5.88. BYND Cannasoft Enterprises has a 1-year low of $4.08 and a 1-year high of $1,049.75.

BYND Cannasoft Enterprises Company Profile

Femto Technologies, Inc develops, markets and sells a proprietary client relationship management software known as Benefit CRM and Cannabis CRM platform. It also develops the EZ-G device, a patent-pending device that, combined with proprietary software. The company was founded on March 29, 2021 and is headquartered in Kiryat Motzkin, Israel.