Short Interest in MariMed Inc. (OTCMKTS:MRMD) Increases By 39.4%

MariMed Inc. (OTCMKTS:MRMD) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 81,000 shares, an increase of 39.4% from the January 15th total of 58,100 shares. Based on an average trading volume of 583,400 shares, the short-interest ratio is currently 0.1 days.

MariMed Trading Up 12.4 %

OTCMKTS MRMD traded up $0.02 during trading on Friday, hitting $0.15. The stock had a trading volume of 415,937 shares, compared to its average volume of 366,315. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.73 and a current ratio of 1.55. The stock has a market capitalization of $57.15 million, a price-to-earnings ratio of -3.75 and a beta of 2.81. MariMed has a one year low of $0.11 and a one year high of $0.34. The stock has a 50 day simple moving average of $0.12 and a 200 day simple moving average of $0.15.

About MariMed

MariMed Inc engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature’s Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby’s Baked brand; and drink mix under Vibations brand.