Green Thumb Industries Inc. (OTCMKTS:GTBIF) Short Interest Update

Green Thumb Industries Inc. (OTCMKTS:GTBIF) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 12,700 shares, a decline of 14.8% from the February 13th total of 14,900 shares. Based on an average daily volume of 723,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Green Thumb Industries Stock Performance

OTCMKTS:GTBIF traded down $0.06 on Wednesday, hitting $6.21. The stock had a trading volume of 211,195 shares, compared to its average volume of 474,065. Green Thumb Industries has a 1 year low of $6.08 and a 1 year high of $16.33. The firm’s fifty day simple moving average is $7.03 and its two-hundred day simple moving average is $8.63. The stock has a market cap of $1.32 billion, a P/E ratio of 25.88 and a beta of 1.30.

Green Thumb Industries (OTCMKTS:GTBIF) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The business had revenue of $294.32 million for the quarter, compared to the consensus estimate of $289.66 million. Equities research analysts predict that Green Thumb Industries will post 0.32 EPS for the current year.

About Green Thumb Industries

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.