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

Jushi Holdings Inc. (OTCMKTS:JUSHF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 19,716 shares, an increase of 131.4% from the May 31st total of 8,522 shares. Based on an average daily trading volume, of 345,977 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Jushi Stock Performance

Jushi stock traded down $0.03 on Monday, reaching $0.45. The company’s stock had a trading volume of 121,367 shares, compared to its average volume of 163,833. Jushi has a twelve month low of $0.27 and a twelve month high of $0.98. The business’s fifty day moving average price is $0.50 and its 200 day moving average price is $0.53. The company has a market cap of $89.90 million, a price-to-earnings ratio of -1.25 and a beta of -0.71.

Jushi (OTCMKTS:JUSHF) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The business had revenue of $66.43 million for the quarter, compared to analysts’ expectations of $67.05 million. As a group, equities analysts forecast that Jushi will post -0.27 earnings per share for the current year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets downgraded shares of Jushi from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Jushi Company Profile

Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.

Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.