November 16, 2016 - By kentuckypostne · 0 Comments
The stock of TERRA TECH CORPORATION (OTCMKTS:TRTC) registered a decrease of 0.72% in short interest. TRTC’s total short interest was 3.90 million shares in November as published by FINRA. Its down 0.72% from 3.93 million shares, reported previously. With 6.93M shares average volume, it will take short sellers 1 days to cover their TRTC’s short positions. About 3.43 million shares traded hands. Terra Tech Corp (OTCMKTS:TRTC) has declined 2.33% since April 14, 2016 and is downtrending. It has underperformed by 7.01% the S&P500.
Terra Tech Corp. is a cannabis-focused agriculture company. The company has a market cap of $208.02 million. The Firm operates through two divisions: Hydroponic Produce and Cannabis Products. It currently has negative earnings. The Company, through its subsidiary, GrowOp Technology Ltd., is engaged in the design, marketing and sale of hydroponic equipment.
Insitutional Activity: The institutional sentiment Infinity in Q2 2016. Its in 2016Q1. The ratio , as 0 funds sold all Terra Tech Corp shares owned while 0 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 201,348 shares or 203.97% more from 66,240 shares in 2016Q1.
Moreover, Research & Mngmt has 0% invested in Terra Tech Corp (OTCMKTS:TRTC) for 9,500 shares. Grimes Inc has 0% invested in the company for 65,054 shares. Green Square Cap Ltd Liability has invested 0% of its portfolio in Terra Tech Corp (OTCMKTS:TRTC). Joel Isaacson Lc has 0% invested in the company for 5,000 shares. Ar Asset Mngmt has invested 0% of its portfolio in Terra Tech Corp (OTCMKTS:TRTC).
Terra Tech Corp., incorporated on July 22, 2008, is a vertically integrated cannabis-focused agriculture company. The Firm is focused on cultivating and providing medical cannabis, as well as other agricultural products, such as herbs and leafy greens that are grown using Dutch hydroponic farming methods. The Firm operates through two divisions: Hydroponic Produce and Cannabis Products. The Company, through its subsidiary, GrowOp Technology Ltd. (GrowOp Technology), is engaged in the design, marketing and sale of hydroponic equipment with technology to create sustainable solutions for the cultivation of indoor agriculture. The Firm is also a retail seller of locally grown hydroponic produce, herbs, and floral products through its subsidiary, Edible Garden Corp. (Edible Garden). The Firm intends to operate medical marijuana cultivation, production and dispensary facilities in Nevada through its subsidiaries, MediFarm, LLC (MediFarm), MediFarm I, LLC (MediFarm I) and MediFarm II, LLC (MediFarm II). Through its subsidiary, IVXX, Inc. (IVXX), the Company produces and sells a line of cannabis flowers and cigarettes, as well as a line of cannabis pure concentrates, including oils, waxes, shatters and clears. The hydroponic produce segment consists of Edible Garden’s business and operations. The Company’s cannabis products segment consists of IVXX’s business, as well as the proposed business of MediFarm, MediFarm I and MediFarm II. Through MediFarm I Real Estate, LLC (MediFarm I RE), the Company owns the real property on which a medical marijuana dispensary will be constructed. The Company, through Black Oak Gallery, operates a medical marijuana dispensary in Oakland, California under the name Blum.
Another recent and important Terra Tech Corp (OTCMKTS:TRTC) news was published by Prnewswire.com which published an article titled: “Terra Tech and Blum Announce Definitive Merger Agreement” on January 12, 2016.
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