In last trading session, Akanda Corp (NASDAQ:AKAN) saw 2.09 million shares changing hands with its beta currently measuring 1.56. Company’s recent per share price level of $0.12 trading at $0.0 or -0.91% at ring of the bell on the day assigns it a market valuation of $1.43M. That closing price of AKAN’s stock is at a discount of -2150.0% from its 52-week high price of $2.70 and is indicating a premium of 16.67% from its 52-week low price of $0.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.35 million shares which gives us an average trading volume of 2.62 million if we extend that period to 3-months.
Akanda Corp (NASDAQ:AKAN) trade information
Upright in the red during last session for losing -0.91%, in the last five days AKAN remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $0.12 price level, adding 7.69% to its value on the day. Akanda Corp’s shares saw a change of -72.85% in year-to-date performance and have moved -5.45% in past 5-day. Akanda Corp (NASDAQ:AKAN) showed a performance of -34.89% in past 30-days. Number of shares sold short was 2520.0 shares which calculate 0 days to cover the short interests.
AKAN Dividends
Akanda Corp is more likely to be releasing its next quarterly report in May 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 14.02% of company’s total shares while institution are holding 0.50 percent of that, with stock having share float percentage of 0.58%. Investors also watch the number of corporate investors in a company very closely, which is 0.50% 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.
