Vireo Growth Inc (OTCMKTS:VREOD) Short Interest Down 99.9% in June

Vireo Growth Inc (OTCMKTS:VREOD) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 93 shares, a decline of 99.9% from the May 31st total of 80,211 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 236,840 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Vireo Growth to a “strong sell” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Vireo Growth Price Performance

Shares of Vireo Growth stock traded down $0.01 on Thursday, reaching $10.00. 7,766 shares of the stock were exchanged, compared to its average volume of 9,047. The firm’s 50 day moving average is $12.30 and its 200-day moving average is $14.07. Vireo Growth has a one year low of $9.41 and a one year high of $24.00. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.84 and a current ratio of 1.20. The firm has a market cap of $453.10 million, a PE ratio of -3.03 and a beta of 1.43.

Vireo Growth Company Profile

Vireo Growth is a cannabis-focused company that develops and operates licensed cannabis cultivation, processing, and retail businesses in the United States. The company’s activities generally center on producing and distributing cannabis products for both medical and adult-use markets, depending on the laws of the states in which it operates.

Vireo Growth has pursued a multi-state strategy, with operations historically concentrated in select U.S. markets where cannabis is legal under state law.