Canna-Global Acquisition Corp (NASDAQ:CNGLW) Sees Large Increase in Short Interest

Canna-Global Acquisition Corp (NASDAQ:CNGLW) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 36,400 shares, an increase of 15.6% from the March 15th total of 31,500 shares. Based on an average daily volume of 19,100 shares, the days-to-cover ratio is presently 1.9 days.

Canna-Global Acquisition Price Performance

Shares of CNGLW remained flat at $0.02 on Tuesday. The stock had a trading volume of 20 shares, compared to its average volume of 41,438. The company’s 50-day moving average price is $0.02 and its 200-day moving average price is $0.02. Canna-Global Acquisition has a 52 week low of $0.00 and a 52 week high of $0.05.

Canna-Global Acquisition Company Profile

Canna-Global Acquisition Corp does not have significant operations. It intends to acquire and engage in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all the assets of, entering into contractual arrangements with, or in any other similar business combination with one or more businesses or entities.