GrowLife, Inc. (OTCMKTS:PHOT) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 100 shares, a drop of 99.5% from the August 15th total of 21,700 shares. Based on an average daily trading volume, of 1,191,000 shares, the days-to-cover ratio is currently 0.0 days.
Shares of OTCMKTS:PHOT remained flat at $$0.05 during mid-day trading on Wednesday. The company had a trading volume of 580,110 shares, compared to its average volume of 897,274. The firm has a market capitalization of $4.31 million, a price-to-earnings ratio of -0.25 and a beta of -0.21. GrowLife has a 1-year low of $0.04 and a 1-year high of $0.57. The stock’s 50-day moving average price is $0.05 and its 200 day moving average price is $0.11.
GrowLife Company Profile
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