Akanda Corp. (NASDAQ:AKAN) Short Interest Down 80.7% in April
Akanda Corp. (NASDAQ: AKAN - Get Free Report) saw a large drop in short interest in April. As of April 15th, there was short interest totaling 21,399 shares, a drop of 80.7% from the March 31st total of 110,750 shares. Based on an average daily volume of 29,824 shares, the short-interest ratio is currently 0.7 days.
Why Is Akanda (AKAN) Stock Up 34% Today?
Akanda (NASDAQ: AKAN ) stock is on the rise Friday alongside heavy pre-market trading of the cannabis company's shares this morning. This has more than 6.8 million shares of AKAN stock changing hands as of this writing.
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Why Is Akanda (AKAN) Stock Up 133% Today?
Akanda (NASDAQ: AKAN ) stock is rocketing higher on Friday alongside heavy pre-market trading of the cannabis company's shares. This has more than 6.3 million shares of AKAN stock changing hands as of this writing.
Akanda Corp receives non-compliance notice from Nasdaq
Akanda Corp (NASDAQ: AKAN) is in focus this morning after receiving a notice of non-compliance from Nasdaq. Akanda fails to satisfy the Nasdaq listing requirements The deficiency notification was issued to the international medical cannabis company because it failed to meet the “minimum stockholders' equity requirement as set forth in Nasdaq Listing Rule 5550(b)(1).
Why Is Akanda (AKAN) Stock Up 164% Today?
Akanda (NASDAQ: AKAN ) stock is heading higher on Friday despite the cannabis company getting a non-compliance notice from the Nasdaq Exchange. The issue here is AKAN stock not meeting the minimum stockholders' equity requirement to remain on the Nasdaq Exchange.
