Short Interest in Green Thumb Industries Inc. (OTCMKTS:GTBIF) Declines By 14.8%

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

Green Thumb Industries Trading Down 0.6 %

Shares of OTCMKTS GTBIF opened at $6.17 on Thursday. Green Thumb Industries has a 12-month low of $6.08 and a 12-month high of $16.33. The company has a market cap of $1.31 billion, a PE ratio of 25.71 and a beta of 1.30. The stock has a 50 day simple moving average of $7.00 and a 200-day simple moving average of $8.61.

Green Thumb Industries (OTCMKTS:GTBIF) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The business had revenue of $294.32 million for the quarter, compared to analyst estimates of $289.66 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. Sell-side analysts forecast that Green Thumb Industries will post 0.32 earnings per share for the current fiscal year.

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.