BYND Cannasoft Enterprises (NASDAQ:BCAN) Shares Up 3.3%

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) rose 3.3% during trading on Tuesday . The stock traded as high as $0.95 and last traded at $0.92. Approximately 666,160 shares traded hands during trading, a decline of 31% from the average daily volume of 970,647 shares. The stock had previously closed at $0.89.

BYND Cannasoft Enterprises Price Performance

The stock has a 50 day simple moving average of $6.55 and a two-hundred day simple moving average of $66.16.

Hedge Funds Weigh In On BYND Cannasoft Enterprises

A hedge fund recently raised its stake in BYND Cannasoft Enterprises stock. Mirae Asset Global Investments Co. Ltd. raised its position in BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) by 67.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,627,332 shares of the company’s stock after acquiring an additional 655,555 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in BYND Cannasoft Enterprises were worth $553,000 at the end of the most recent reporting period.

BYND Cannasoft Enterprises Company Profile

BYND Cannasoft Enterprises Inc, through its subsidiaries, develops, markets, and sells proprietary client relationship management software products in Israel. The company owns and markets Benefit CRM, a customer relationship management software product that enables small and medium-sized enterprises to optimize day-to-day functions, such as sales management, personnel management, marketing, call centre, and asset management activities; and develops New Cannabis CRM platform for the medical cannabis industry, as well as manages the construction, licensing, and operation of a cannabis farm and indoor cannabis growing facility.