Curaleaf Holdings, Inc. (OTCMKTS:CURLF) Sees Large Decrease in Short Interest

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

Curaleaf Price Performance

Shares of OTCMKTS CURLF traded up $0.14 during mid-day trading on Friday, reaching $1.51. The company had a trading volume of 597,523 shares, compared to its average volume of 631,758. 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 stock has a market cap of $981.33 million, a PE ratio of -5.21 and a beta of 0.64. The company has a 50-day moving average price of $1.72 and a two-hundred day moving average price of $2.73. Curaleaf has a 1-year low of $0.88 and a 1-year high of $6.40.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Roth Capital upgraded Curaleaf to a "strong-buy" rating in a research report on Sunday, November 10th. Cormark cut Curaleaf from a "moderate buy" rating to a "hold" rating in a research report on Thursday, November 7th.

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.