InterCure Ltd. (NASDAQ:INCR – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 31,467 shares, a growth of 312.7% from the April 15th total of 7,624 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 68,401 shares, the short-interest ratio is currently 0.5 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of InterCure in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, InterCure has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on InterCure
InterCure Stock Performance
InterCure (NASDAQ:INCR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $23.15 million during the quarter.
About InterCure
InterCure Ltd is an Israel-based medical cannabis company publicly listed on the Nasdaq Capital Market under the ticker INCR. The company’s operations span the entire value chain of medical cannabis, from the development of proprietary seed strains and controlled cultivation in a GMP-compliant facility to laboratory testing, cannabinoid extraction and formulation. InterCure serves licensed pharmacies and clinics within Israel and adheres to the regulatory framework established by the Israeli Ministry of Health.
Founded in 2013, InterCure has built a vertically integrated platform that supports both patient care and research initiatives.
Further Reading
- Five stocks we like better than InterCure
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for InterCure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterCure and related companies with MarketBeat.com's FREE daily email newsletter.
