Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 330,500 shares, a growth of 2,502.4% from the February 28th total of 12,700 shares. Based on an average trading volume of 1,092,100 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company's stock are sold short.
Green Thumb Industries Trading Down 3.9 %
Shares of GTBIF traded down $0.23 during trading hours on Monday, hitting $5.65. The company had a trading volume of 223,760 shares, compared to its average volume of 483,780. The company has a market capitalization of $1.20 billion, a PE ratio of 23.54 and a beta of 1.30. Green Thumb Industries has a one year low of $5.37 and a one year high of $16.33. The company's fifty day moving average price is $6.79 and its two-hundred day moving average price is $8.39.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The firm had revenue of $294.32 million during the quarter, compared to the consensus estimate of $289.66 million. Analysts forecast that Green Thumb Industries will post 0.32 earnings per share for the current year.
About Green Thumb Industries
(
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Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.
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