Verano Holdings Corp. (OTCMKTS:VRNOF) Short Interest Update

Verano Holdings Corp. (OTCMKTS:VRNOF) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 963,600 shares, an increase 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 short sold.

Verano Price Performance

Shares of VRNOF opened at $0.65 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.99 and a quick ratio of 0.52. The company has a market capitalization of $233.32 million, a price-to-earnings ratio of -1.59 and a beta of 0.97. The business’s 50-day moving average is $0.94 and its 200-day moving average is $1.77. Verano has a fifty-two week low of $0.58 and a fifty-two week high of $6.50.

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.