(Photo Credit - Nick Youngson)
The average trading volume for Stony Hill Corp. (OTC:STNY) is 980 shares based on the most recent 30-day period, according to the OTC Markets website. Shares of STNY are already up over 7% on the day, with a last traded price of $3.00 per share due to a bullish bid-ask imbalance caused by a limit-bid for 26,500 shares at $2.90 per share.
As you'll see in the screen shot of STNY Level II market depth, this bid is massive.
Shares of the company have been noticing a substantial up-tick in both volume and price following its launch of Damian Marley's Stony Hill CBD product line. We'll be watching throughout the rest of the trading day to see what happens.
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