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

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

Canna-Global Acquisition Price Performance

NASDAQ CNGLW remained flat at $0.02 on Tuesday. 434 shares of the company were exchanged, compared to its average volume of 41,438. The business has a fifty day moving average of $0.02 and a 200 day moving average of $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.