Jushi Holdings Inc. (OTCMKTS:JUSHF) Short Interest Down 19.3% in May

Jushi Holdings Inc. (OTCMKTS:JUSHF - Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 603,500 shares, a decline of 19.3% from the April 30th total of 747,700 shares. Based on an average daily volume of 196,900 shares, the days-to-cover ratio is currently 3.1 days. Currently, 0.4% of the company's shares are sold short.

Jushi Trading Up 1.7%

Shares of JUSHF traded up $0.01 during trading hours on Thursday, reaching $0.30. 29,025 shares of the company traded hands, compared to its average volume of 200,963. The firm has a market cap of $58.01 million, a price-to-earnings ratio of -1.09 and a beta of -0.86. Jushi has a 12-month low of $0.22 and a 12-month high of $0.69. The stock's fifty day moving average price is $0.32 and its 200 day moving average price is $0.32.

Jushi (OTCMKTS:JUSHF - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.03). The firm had revenue of $63.85 million for the quarter, compared to analysts' expectations of $66.23 million. On average, research analysts forecast that Jushi will post -0.23 earnings per share for the current year.

Jushi Company Profile

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. The company offers flower, extracts, concentrates, edibles, oil, pre-rolls, tinctures, capsules, softgels, cannabis-infused gummies and ultra-premium chocolate, and topicals products, as well as vaporization devices and cartridges under The Bank, The Lab, Nira+ Medicinals, Sèchè, Tasteology, and Hijinks brands.