Short Interest in BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) Expands By 45.7%

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 13,700 shares, an increase of 45.7% from the October 15th total of 9,400 shares. Based on an average daily volume of 30,200 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

BYND Cannasoft Enterprises Stock Performance

Shares of BYND Cannasoft Enterprises stock traded up $0.04 during trading on Friday, hitting $8.04. The stock had a trading volume of 3,427 shares, compared to its average volume of 51,951. BYND Cannasoft Enterprises has a 1 year low of $7.80 and a 1 year high of $4,360.50. The stock has a 50 day simple moving average of $8.08 and a 200 day simple moving average of $3.75.

BYND Cannasoft Enterprises (NASDAQ:BCAN) last issued its earnings results on Wednesday, August 14th. The company reported ($0.30) earnings per share for the quarter. The firm had revenue of $0.30 million during the quarter.

BYND Cannasoft Enterprises Company Profile

Femto Technologies Inc develops and manufactures women’s wellness devices and services. It offers its products for muscle relief and relaxation, redefining skin, and nurturing its hair, as well as sexual wellness devices. The company owns and markets Benefit customer relationship management (CRM), a proprietary customer relationship management software product that enables small and medium-sized enterprises to optimize day-to-day business activities.