Jushi Holdings Inc. (OTCMKTS:JUSHF) Short Interest Up 235.8% in September

Key Points

• Jushi Holdings Inc. experienced a significant increase in short interest, rising by 235.8% in September, with total short interest reaching 41,300 shares by the end of the month.
• As of mid-day trading on Friday, Jushi shares were priced at $0.75, with a total trading volume of approximately 391,971 shares.
• The company reported earnings per share of ($0.06) for the last quarter, matching consensus estimates, while its revenue of $65.05 million exceeded expectations.

Jushi Holdings Inc. (OTCMKTS:JUSHF - Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 41,300 shares, an increase of 235.8% from the September 15th total of 12,300 shares. Based on an average daily trading volume, of 432,200 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 432,200 shares, the short-interest ratio is currently 0.1 days.

Jushi Trading Down 4.5%

Shares of OTCMKTS JUSHF traded down $0.04 during mid-day trading on Friday, hitting $0.75. The company had a trading volume of 391,971 shares, compared to its average volume of 384,828. The company has a market capitalization of $147.53 million, a PE ratio of -2.59 and a beta of -0.99. The firm has a 50-day simple moving average of $0.72 and a two-hundred day simple moving average of $0.48. Jushi has a one year low of $0.22 and a one year high of $0.98.

Jushi (OTCMKTS:JUSHF - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported ($0.06) earnings per share for the quarter, meeting the consensus estimate of ($0.06). The company had revenue of $65.05 million during the quarter, compared to the consensus estimate of $64.67 million. Sell-side analysts expect that Jushi will post -0.23 earnings per share for the current fiscal 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.

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