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

Green Thumb Industries Inc. (OTCMKTS:GTBIF) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 12,700 shares, a drop 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. Currently, 0.0% of the company’s stock are short sold.

Green Thumb Industries Stock Down 1.0 %

GTBIF traded down $0.06 during trading on Wednesday, hitting $6.21. 211,195 shares of the company’s stock were exchanged, compared to its average volume of 474,065. The stock has a market cap of $1.32 billion, a P/E ratio of 25.88 and a beta of 1.30. The business’s 50 day moving average is $7.03 and its two-hundred day moving average is $8.63. Green Thumb Industries has a fifty-two week low of $6.08 and a fifty-two week high of $16.33.

Green Thumb Industries (OTCMKTS:GTBIF) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). The business had revenue of $294.32 million during the quarter, compared to the consensus estimate of $289.66 million. Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. On average, sell-side analysts forecast that Green Thumb Industries will post 0.32 earnings per share 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.