Jushi Holdings Inc. (OTCMKTS:JUSHF) Short Interest Update

Jushi Holdings Inc. (OTCMKTS:JUSHF) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,209,000 shares, a drop of 45.0% from the March 31st total of 2,197,200 shares. Based on an average trading volume of 287,400 shares, the short-interest ratio is currently 4.2 days. Approximately 0.8% of the company’s shares are sold short.

Jushi Trading Down 6.8 %

Shares of JUSHF stock opened at $0.32 on Tuesday. The company’s fifty day simple moving average is $0.30 and its 200-day simple moving average is $0.34. Jushi has a 52 week low of $0.22 and a 52 week high of $0.92. The company has a market cap of $62.43 million, a PE ratio of -1.18 and a beta of -0.62.

Jushi (OTCMKTS:JUSHF) last announced its quarterly earnings results on Wednesday, March 12th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $65.86 million for the quarter, compared to analysts’ expectations of $64.03 million. Equities research analysts expect that Jushi will post -0.23 EPS for the current fiscal year.

Jushi Company Profile

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. The company offers flower, extracts, concentrates, edibles, oil, pre-rolls, tinctures, capsules, softgels, cannabis-infused gummies and ultra-premium chocolate, and topicals products, as well as vaporization devices and cartridges under The Bank, The Lab, Nira+ Medicinals, Sèchè, Tasteology, and Hijinks brands.