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

Green Thumb Industries Inc. (OTCMKTS:GTBIF) saw 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 723,800 shares, the days-to-cover ratio is presently 0.0 days.

Green Thumb Industries Stock Performance

GTBIF stock opened at $6.05 on Friday. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 25.21 and a beta of 1.30. Green Thumb Industries has a fifty-two week low of $6.05 and a fifty-two week high of $16.33. The stock has a fifty day moving average of $6.97 and a 200-day moving average of $8.59.

Green Thumb Industries (OTCMKTS:GTBIF) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $294.32 million for the quarter, compared to the consensus estimate of $289.66 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. Equities analysts predict 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.