Resonate Blends, Inc. (OTCMKTS:KOAN) Sees Large Increase in Short Interest

Resonate Blends, Inc. (OTCMKTS:KOANGet Free Report) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 45,600 shares, an increase of 28.1% from the January 31st total of 35,600 shares. Based on an average trading volume of 46,200 shares, the days-to-cover ratio is presently 1.0 days.

Resonate Blends Price Performance

KOAN traded up $0.01 during trading hours on Monday, reaching $0.05. 302,271 shares of the company’s stock traded hands, compared to its average volume of 113,534. The firm has a 50-day moving average price of $0.02 and a 200 day moving average price of $0.04. Resonate Blends has a 52-week low of $0.01 and a 52-week high of $0.10.

About Resonate Blends

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Resonate Blends, Inc, a cannabis holding company, provides cannabis wellness lifestyle products. The company offers Calm to quiet the mind and ease into a gentle sense of wellbeing; Wonder, a THC offering to bring back the youthful sense; Love to reduce barriers to intimacy, stimulate personal connections, and increase tactile sensation; Create to stimulate senses, spark imagination, and channel inner muse; Play to become fully immersed in the moment and the people around; Delight to open up senses; and Sleep for helping to fall asleep.

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