In last trading session, Akanda Corp (NASDAQ:AKAN) saw 2.22 million shares changing hands with its beta currently measuring 1.73. Company’s recent per share price level of $0.20 trading at $0.02 or 14.26% at ring of the bell on the day assigns it a market valuation of $0.82M. That closing price of AKAN’s stock is at a discount of -1250.0% from its 52-week high price of $2.70 and is indicating a premium of 25.0% from its 52-week low price of $0.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.68 million shares which gives us an average trading volume of 679.71K if we extend that period to 3-months.
Akanda Corp (NASDAQ:AKAN) trade information
Upright in the green during last session for gaining 14.26%, in the last five days AKAN remained trading in the green while hitting it’s week-highest on Wednesday, 03/20/24 when the stock touched $0.20 price level, adding 13.04% to its value on the day. Akanda Corp’s shares saw a change of -53.71% in year-to-date performance and have moved 24.25% in past 5-day. Akanda Corp (NASDAQ:AKAN) showed a performance of -30.50% in past 30-days. Number of shares sold short was 17150.0 shares which calculate 0.02 days to cover the short interests.
AKAN Dividends
Akanda Corp is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Akanda Corp (NASDAQ:AKAN)’s Major holders
Insiders are in possession of 16.09% of company’s total shares while institution are holding 0.70 percent of that, with stock having share float percentage of 0.84%. Investors also watch the number of corporate investors in a company very closely, which is 0.70% institutions for Akanda Corp that are currently holding shares of the company. Two Sigma Securities, LLC is the top institutional holder at AKAN for having 13997.0 shares of worth $10357.0. And as of Jun 29, 2023, it was holding 0.04% of the company’s outstanding shares.
The second largest institutional holder is Virtu Financial LLC, which was holding about 13801.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.04% of outstanding shares, having a total worth of $10212.0.
