Jushi Holdings Inc. (OTCMKTS:JUSHF) Short Interest Update

Jushi Holdings Inc. (OTCMKTS:JUSHFGet Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 11,121 shares, a decrease of 43.6% from the June 15th total of 19,716 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 315,034 shares, the days-to-cover ratio is currently 0.0 days.

Jushi Trading Down 1.0%

OTCMKTS JUSHF traded down $0.00 on Thursday, reaching $0.46. The company’s stock had a trading volume of 57,109 shares, compared to its average volume of 162,109. Jushi has a 52 week low of $0.35 and a 52 week high of $0.98. The firm has a market cap of $90.90 million, a PE ratio of -1.26 and a beta of -0.70. The business has a 50-day moving average price of $0.48 and a 200 day moving average price of $0.51.

Jushi (OTCMKTS:JUSHFGet Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). The business had revenue of $66.43 million during the quarter, compared to analysts’ expectations of $67.05 million. Analysts anticipate that Jushi will post -0.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets lowered shares of Jushi from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Read Our Latest Report on Jushi

About Jushi

(Get Free Report)

Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.

Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.

Further Reading

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