Green Thumb Industries Inc. (OTCMKTS:GTBIF) Short Interest Up 2,502.4% in March

Green Thumb Industries Inc. (OTCMKTS:GTBIF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 330,500 shares, a growth of 2,502.4% from the February 28th total of 12,700 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,092,100 shares, the short-interest ratio is presently 0.3 days.

Green Thumb Industries Stock Down 1.8 %

Green Thumb Industries stock traded down $0.10 during mid-day trading on Thursday, hitting $5.52. The company’s stock had a trading volume of 1,601,675 shares, compared to its average volume of 489,384. Green Thumb Industries has a twelve month low of $5.37 and a twelve month high of $16.33. The stock’s fifty day moving average price is $6.85 and its two-hundred day moving average price is $8.47. The stock has a market capitalization of $1.17 billion, a P/E ratio of 23.00 and a beta of 1.30.

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