Short Interest in Jushi Holdings Inc. (OTCMKTS:JUSHF) Declines By 45.0%

Jushi Holdings Inc. (OTCMKTS:JUSHF - Get Free Report) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,209,000 shares, a decline of 45.0% from the March 31st total of 2,197,200 shares. Based on an average daily volume of 287,400 shares, the days-to-cover ratio is currently 4.2 days. Approximately 0.8% of the shares of the company are short sold.

Jushi Stock Up 0.2 %

OTCMKTS JUSHF traded up $0.00 on Friday, reaching $0.39. 23,069 shares of the stock traded hands, compared to its average volume of 234,936. Jushi has a 12 month low of $0.22 and a 12 month high of $0.78. The company has a market cap of $76.45 million, a price-to-earnings ratio of -1.44 and a beta of -0.86. The firm's fifty day simple moving average is $0.30 and its 200 day simple moving average is $0.33.

Jushi (OTCMKTS:JUSHF - Get Free Report) last released its earnings results on Wednesday, March 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.02). The company had revenue of $65.86 million during the quarter, compared to analysts' expectations of $64.03 million. As a group, equities research analysts forecast that Jushi will post -0.23 EPS for the current fiscal year.

About Jushi

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.