Medical Marijuana, Inc. (OTCMKTS:MJNA) was the recipient of a large drop in short interest during the month of February. As of February 26th, there was short interest totalling 18,200 shares, a drop of 43.5% from the February 11th total of 32,200 shares. Based on an average daily volume of 93,429,000 shares, the short-interest ratio is currently 0.0 days.
MJNA stock remained flat at $$0.07 during trading on Tuesday. 22,228,637 shares of the company traded hands, compared to its average volume of 71,670,391. Medical Marijuana has a 12-month low of $0.01 and a 12-month high of $0.22. The stock has a 50 day moving average of $0.07 and a 200 day moving average of $0.03.
About Medical Marijuana
Medical Marijuana, Inc, an investment holding company, operates in the cannabinoid-based nutraceutical industry. It focuses on the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol (CBD) and other products containing CBD-rich hemp oil; treatment of pain and other medical disorders with the application of chewing gum-based cannabis/cannabinoid medical products; and nonpsychoactive cannabidiol products.
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