Curaleaf Holdings, Inc. (OTCMKTS:CURLF) Sees Significant Decline in Short Interest

Curaleaf Holdings, Inc. (OTCMKTS:CURLF) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 6,765,700 shares, a decrease of 6.6% from the December 31st total of 7,246,500 shares. Based on an average daily trading volume, of 1,464,200 shares, the short-interest ratio is presently 4.6 days.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CURLF. Roth Capital raised Curaleaf to a “strong-buy” rating in a research report on Sunday, November 10th. Cormark lowered shares of Curaleaf from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 7th.

Curaleaf Price Performance

CURLF stock traded down $0.10 on Monday, reaching $1.32. The company had a trading volume of 827,439 shares, compared to its average volume of 598,575. Curaleaf has a 1 year low of $0.88 and a 1 year high of $6.40. The company has a market cap of $866.04 million, a P/E ratio of -4.55 and a beta of 0.64. The company’s fifty day moving average is $1.57 and its 200 day moving average is $2.53. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 1.11.

Curaleaf Company Profile

Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.