Green Thumb Industries Inc. (OTCMKTS:GTBIF) Short Interest Update

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 30,900 shares, a growth of 141.4% from the December 15th total of 12,800 shares. Based on an average daily volume of 1,027,900 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GTBIF. Roth Capital raised shares of Green Thumb Industries to a "strong-buy" rating in a report on Sunday, November 10th. Craig Hallum upgraded Green Thumb Industries to a "strong-buy" rating in a research note on Monday, September 16th. Two research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Green Thumb Industries presently has an average rating of "Strong Buy" and a consensus price target of $16.50.

Green Thumb Industries Price Performance

Shares of GTBIF stock traded down $0.25 on Tuesday, hitting $7.05. The stock had a trading volume of 635,625 shares, compared to its average volume of 345,018. The company's 50 day moving average price is $8.53 and its 200-day moving average price is $9.95. Green Thumb Industries has a 1 year low of $7.01 and a 1 year high of $16.33. The firm has a market capitalization of $1.49 billion, a P/E ratio of 29.38 and a beta of 1.34.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The company had revenue of $286.87 million for the quarter, compared to analysts' expectations of $283.96 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. On average, equities analysts forecast that Green Thumb Industries will post 0.32 EPS for the current year.

About Green Thumb Industries

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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