Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 15,307 shares, a decline of 42.5% from the January 29th total of 26,615 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 960,090 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 960,090 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Green Thumb Industries Trading Down 3.5%
Shares of OTCMKTS:GTBIF traded down $0.23 during trading on Monday, reaching $6.35. 109,586 shares of the company traded hands, compared to its average volume of 482,495. Green Thumb Industries has a 52-week low of $4.63 and a 52-week high of $10.43. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 13.22 and a beta of 1.15. The business’s fifty day moving average is $7.44 and its 200-day moving average is $7.52.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Green Thumb Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Green Thumb Industries has an average rating of “Buy”.
Green Thumb Industries Company Profile
Green Thumb Industries is a diversified cannabis consumer packaged goods company and retailer with operations spanning cultivation, manufacturing and distribution. The company develops branded cannabis products across multiple formats, including dried flower, pre-rolls, oils, concentrates, edibles and vaporizers. Its product portfolio is marketed under well-known brand names tailored to the adult-use market, and the company works with licensed cultivators and partners to ensure consistent quality and compliance with state regulations.
In addition to its branded product lines, Green Thumb Industries maintains a network of wholly owned manufacturing facilities and distribution centers that supply its retail outlets as well as independent dispensaries.
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