Green Thumb Industries Inc. (OTCMKTS:GTBIF) Short Interest Up 128.5% in January

Green Thumb Industries Inc. (OTCMKTS:GTBIF) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 26,615 shares, a growth of 128.5% from the January 15th total of 11,649 shares. Based on an average daily volume of 791,739 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 791,739 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Green Thumb Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Green Thumb Industries currently has a consensus rating of “Buy”.

Green Thumb Industries Trading Down 2.3%

GTBIF stock opened at $6.70 on Thursday. The stock has a market capitalization of $1.39 billion, a P/E ratio of 39.41 and a beta of 1.15. The firm has a 50-day moving average price of $7.69 and a 200-day moving average price of $7.56. Green Thumb Industries has a 12 month low of $4.63 and a 12 month high of $10.43.

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.