Short Interest in Green Thumb Industries Inc. (OTCMKTS:GTBIF) Increases By 1,496.8%

Green Thumb Industries Inc. (OTCMKTS:GTBIF) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 244,417 shares, a growth of 1,496.8% from the February 12th total of 15,307 shares. Based on an average daily volume of 1,576,813 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,576,813 shares, the days-to-cover ratio is presently 0.2 days.

Green Thumb Industries Stock Down 0.9%

Shares of OTCMKTS GTBIF traded down $0.06 on Thursday, hitting $6.45. The company had a trading volume of 36,410 shares, compared to its average volume of 472,368. Green Thumb Industries has a 12-month low of $4.63 and a 12-month high of $10.43. The business has a 50 day moving average of $7.20 and a two-hundred day moving average of $7.43. The firm has a market capitalization of $1.34 billion, a P/E ratio of 13.44 and a beta of 1.15.

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.