Jushi Holdings Inc. (OTCMKTS:JUSHF) Short Interest Update
Jushi Holdings Inc. (OTCMKTS:JUSHF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 498,800 shares, an increase of 359.3% from the December 15th total of 108,600 shares. Based on an average daily trading volume, of 1,422,000 shares, the days-to-cover ratio is currently 0.4 days.
Shares of JUSHF stock opened at $6.20 on Thursday. Jushi has a 52-week low of $0.64 and a 52-week high of $6.33. The firm has a fifty day simple moving average of $4.84.
A number of equities analysts have recently issued reports on JUSHF shares. Canaccord Genuity started coverage on shares of Jushi in a research note on Monday. They issued a “buy” rating and a $7.50 price objective for the company. Cantor Fitzgerald started coverage on shares of Jushi in a research note on Friday, January 8th. They issued a “neutral” rating and a $6.00 price objective for the company.
Jushi Holdings Inc, a cannabis and hemp company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products. It focuses on building a portfolio of branded cannabis and hemp-derived assets in various jurisdictions in Pennsylvania, Virginia, Ohio, Illinois, California, and Nevada.
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