Greenlane Holdings, Inc. (NASDAQ:GNLN – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 47,900 shares, an increase of 164.6% from the September 30th total of 18,100 shares. Currently, 7.3% of the shares of the stock are sold short. Based on an average daily volume of 1,510,000 shares, the short-interest ratio is currently 0.0 days.
Greenlane Trading Down 12.0 %
NASDAQ:GNLN opened at $1.98 on Monday. The stock has a fifty day simple moving average of $5.06 and a 200 day simple moving average of $5.23. Greenlane has a 1-year low of $1.95 and a 1-year high of $21.80.
Greenlane (NASDAQ:GNLN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($1.33) EPS for the quarter. Greenlane had a negative return on equity of 202.12% and a negative net margin of 66.59%. The firm had revenue of $2.65 million during the quarter.
About Greenlane
Greenlane Holdings, Inc develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, and apparel lines, as well as bubblers, rigs, other smoking and vaporization related accessories, and merchandise.
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