What Next for FINCANNA CAPITAL CORP (OTCMKTS:FNNZF) Stock After Increase in Shorted Shares?

The stock of FINCANNA CAPITAL CORP (OTCMKTS:FNNZF) registered an increase of 17.31% in short interest. FNNZF’s total short interest was 6,100 shares in December as published by FINRA. Its up 17.31% from 5,200 shares, reported previously. With 56,400 shares average volume, it will take short sellers 0 days to cover their FNNZF’s short positions.

The stock increased 6.27% or $0.0059 during the last trading session, reaching $0.1. About 26,200 shares traded. FinCanna Capital Corp. (OTCMKTS:FNNZF) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

FinCanna Capital Corp. operates as a royalty investment firm for licensed medical cannabis industry. The company has market cap of $9.47 million. The Company’s flagship investment is with Cultivation Technologies Inc. to provide funding for its indoor medical cannabis facility to be developed in Coachella, Southern California. It currently has negative earnings.

More news for FinCanna Capital Corp. (OTCMKTS:FNNZF) were recently published by: Investingnews.com, which released: “Alternative Financing Options in the Emerging Legal Cannabis Industry – Investing News Network” on October 14, 2018. Seekingalpha.com‘s article titled: “FinCanna – An Undervalued Business Making Royalty Investments Into Cannabis Startups – Seeking Alpha” and published on August 17, 2018 is yet another important article.

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