Short Interest in Green Thumb Industries Inc. (OTCMKTS:GTBIF) Declines By 89.9%

Green Thumb Industries Inc. (OTCMKTS:GTBIF) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 20,905 shares, a decline of 89.9% from the March 31st total of 206,599 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 494,118 shares, the days-to-cover ratio is currently 0.0 days.

Green Thumb Industries Price Performance

Shares of Green Thumb Industries stock traded up $0.53 on Friday, reaching $7.28. The company had a trading volume of 1,215,117 shares, compared to its average volume of 509,381. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 15.17 and a beta of 1.12. The firm’s 50-day moving average price is $6.62 and its two-hundred day moving average price is $7.11. Green Thumb Industries has a 1 year low of $4.80 and a 1 year high of $10.43.

Green Thumb Industries Company Profile

Green Thumb Industries is a diversified cannabis consumer packaged goods company and retailer with operations spanning cultivation, manufacturing and distribution. The company develops branded cannabis products across multiple formats, including dried flower, pre-rolls, oils, concentrates, edibles and vaporizers. Its product portfolio is marketed under well-known brand names tailored to the adult-use market, and the company works with licensed cultivators and partners to ensure consistent quality and compliance with state regulations.

In addition to its branded product lines, Green Thumb Industries maintains a network of wholly owned manufacturing facilities and distribution centers that supply its retail outlets as well as independent dispensaries.