Short Interest in Curaleaf Holdings, Inc. (OTCMKTS:CURLF) Declines By 6.6%

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 6,765,700 shares, a decrease of 6.6% from the December 31st total of 7,246,500 shares. Based on an average daily volume of 1,464,200 shares, the short-interest ratio is presently 4.6 days.

Curaleaf Price Performance

CURLF stock traded down $0.02 during mid-day trading on Thursday, reaching $1.63. The company's stock had a trading volume of 1,849,876 shares, compared to its average volume of 820,549. Curaleaf has a fifty-two week low of $0.88 and a fifty-two week high of $6.40. The stock has a market cap of $1.07 billion, a PE ratio of -5.62 and a beta of 0.61. The company has a current ratio of 1.11, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company's 50 day moving average is $1.54 and its two-hundred day moving average is $2.48.

Wall Street Analysts Forecast Growth

CURLF has been the subject of several recent research reports. Cormark downgraded shares of Curaleaf from a "moderate buy" rating to a "hold" rating in a research report on Thursday, November 7th. Roth Capital raised shares of Curaleaf to a "strong-buy" rating in a report on Sunday, November 10th.

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.