Short Interest in Curaleaf Holdings, Inc. (OTCMKTS:CURLF) Declines By 9.0%

Curaleaf Holdings, Inc. (OTCMKTS:CURLF) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 6,337,300 shares, a drop of 9.0% from the January 15th total of 6,962,300 shares. Based on an average daily trading volume, of 1,348,400 shares, the short-interest ratio is currently 4.7 days.

Curaleaf Price Performance

Shares of Curaleaf stock traded down $0.02 on Tuesday, hitting $1.48. The company’s stock had a trading volume of 406,433 shares, compared to its average volume of 791,787. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 1.11. Curaleaf has a 1 year low of $0.88 and a 1 year high of $6.40. The firm has a fifty day moving average price of $1.49 and a 200-day moving average price of $2.33. The company has a market capitalization of $971.01 million, a price-to-earnings ratio of -5.10 and a beta of 0.60.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CURLF. Roth Capital upgraded Curaleaf to a “strong-buy” rating in a research note on Sunday, November 10th. Cormark lowered Curaleaf from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 7th.

Curaleaf Company Profile

Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.