Hempacco Co., Inc. (NASDAQ:HPCO) Sees Large Increase in Short Interest

Hempacco Co., Inc. (NASDAQ:HPCOGet Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 115,300 shares, an increase of 45.9% from the May 31st total of 79,000 shares. Based on an average daily volume of 127,900 shares, the short-interest ratio is presently 0.9 days. Currently, 6.1% of the company’s stock are short sold.

Hempacco Trading Up 4.4 %

Shares of HPCO stock traded up $0.04 on Friday, hitting $0.84. 19,374 shares of the stock were exchanged, compared to its average volume of 77,749. The business has a 50-day moving average of $0.95 and a 200 day moving average of $2.09. Hempacco has a fifty-two week low of $0.77 and a fifty-two week high of $5.97. The firm has a market capitalization of $2.44 million, a P/E ratio of -0.18 and a beta of 1.50.

Hempacco Company Profile

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