Verano Holdings Corp. (OTCMKTS:VRNOF) Short Interest Up 59.4% in March

Verano Holdings Corp. (OTCMKTS:VRNOF) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 963,600 shares, a growth of 59.4% from the February 28th total of 604,500 shares. Based on an average trading volume of 1,331,100 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Verano Trading Up 8.3 %

VRNOF opened at $0.65 on Friday. Verano has a 52-week low of $0.58 and a 52-week high of $6.50. The firm has a market capitalization of $233.32 million, a P/E ratio of -1.59 and a beta of 0.97. The company has a quick ratio of 0.52, a current ratio of 0.99 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $0.94 and its 200-day moving average is $1.80.

Verano Company Profile

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia.