Green Thumb Industries Inc. (OTCMKTS:GTBIF) Sees Significant Decrease in Short Interest

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 12,700 shares, a decrease of 14.8% from the February 13th total of 14,900 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 723,800 shares, the short-interest ratio is presently 0.0 days.

Green Thumb Industries Trading Down 1.7 %

Shares of GTBIF stock traded down $0.10 during trading hours on Friday, hitting $5.95. 276,727 shares of the company were exchanged, compared to its average volume of 467,224. The firm has a fifty day simple moving average of $6.94 and a 200 day simple moving average of $8.55. Green Thumb Industries has a 52-week low of $5.93 and a 52-week high of $16.33. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 24.79 and a beta of 1.30.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. The firm had revenue of $294.32 million for the quarter, compared to analysts' expectations of $289.66 million. Sell-side analysts anticipate that Green Thumb Industries will post 0.32 EPS for the current year.

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Green Thumb Industries Company Profile

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.