Short Interest in Sugarmade Inc. (OTCMKTS:SGMD) Decreases By 99.7%

Sugarmade Inc. (OTCMKTS:SGMDGet Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 2 shares, a drop of 99.7% from the June 30th total of 764 shares. Based on an average trading volume of 72,178 shares, the days-to-cover ratio is presently 0.0 days.

Sugarmade Price Performance

OTCMKTS SGMD opened at $0.00 on Friday. Sugarmade has a 52 week low of $0.00 and a 52 week high of $0.44. The business’s 50 day moving average price is $0.01.

About Sugarmade

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Sugarmade, Inc (OTCMKTS: SGMD) operates as a diversified consumer products company specializing in the development, marketing and sale of personal vaporizer devices, water treatment systems and related accessories. The company’s vapor products portfolio includes electronic cigarette starter kits, replacement cartridges and batteries designed for adult smokers seeking alternatives to traditional tobacco. Through its online retail platform and selected wholesale partnerships, Sugarmade offers a range of branded and third-party vaping hardware, e-liquids and ancillary items such as coils, tanks and chargers.

In addition to its focus on vapor technology, Sugarmade has expanded into water purification and filtration solutions.

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