Short Interest in Jushi Holdings Inc. (OTCMKTS:JUSHF) Rises By 131.4%

Jushi Holdings Inc. (OTCMKTS:JUSHF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 19,716 shares, a growth of 131.4% from the May 31st total of 8,522 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 345,977 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets downgraded Jushi from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Jushi currently has an average rating of “Buy”.

Jushi Trading Down 7.2%

Shares of OTCMKTS:JUSHF traded down $0.03 during trading on Monday, hitting $0.45. 121,367 shares of the company’s stock were exchanged, compared to its average volume of 163,833. The firm has a market cap of $89.90 million, a P/E ratio of -1.25 and a beta of -0.71. The firm has a 50-day moving average price of $0.50 and a two-hundred day moving average price of $0.53. Jushi has a 1-year low of $0.27 and a 1-year high of $0.98.

Jushi (OTCMKTS:JUSHF) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The company had revenue of $66.43 million for the quarter, compared to analyst estimates of $67.05 million. As a group, research analysts predict that Jushi will post -0.27 EPS for the current year.

Jushi Company Profile

Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.

Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.