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

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 6,337,300 shares, a drop of 9.0% from the January 15th total of 6,962,300 shares. Based on an average daily trading volume, of 1,348,400 shares, the short-interest ratio is presently 4.7 days.

Curaleaf Stock Down 0.7 %

Shares of CURLF traded down $0.01 on Friday, hitting $1.41. 529,682 shares of the stock traded hands, compared to its average volume of 767,267. The company has a market capitalization of $931.47 million, a PE ratio of -4.86 and a beta of 0.60. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 1.11. The business has a 50 day simple moving average of $1.47 and a 200 day simple moving average of $2.29. Curaleaf has a one year low of $0.88 and a one year high of $6.40.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CURLF. Roth Capital raised shares of Curaleaf to a "strong-buy" rating in a research note on Sunday, November 10th. Cormark downgraded shares of Curaleaf from a "moderate buy" rating to a "hold" rating in a research note 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.