Short Interest in Jushi Holdings Inc. (OTCMKTS:JUSHF) Declines By 86.4%

Key Points

• Jushi Holdings Inc. experienced a significant decline in short interest, reporting just 300 shares as of July 31, down from 2,200 shares on July 15, indicating a decrease of 86.4%.
• The company's stock price rose to $0.73, with a twelve-month low of $0.22 and a high of $0.98, alongside a market capitalization of approximately $142.77 million.
• Jushi reported earnings of ($0.06) EPS for the last quarter, meeting analyst expectations, and generated revenues of $65.05 million, slightly exceeding predictions of $64.67 million.

Jushi Holdings Inc. (OTCMKTS:JUSHF - Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 300 shares, adeclineof86.4% from the July 15th total of 2,200 shares. Based on an average trading volume of 641,000 shares, the short-interest ratio is presently 0.0 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average trading volume of 641,000 shares, the short-interest ratio is presently 0.0 days.

Jushi Stock Down 10.6%

JUSHF traded down $0.07 on Friday, reaching $0.59. The company had a trading volume of 909,444 shares, compared to its average volume of 610,333. The stock has a 50-day moving average price of $0.43 and a 200-day moving average price of $0.36. Jushi has a 1 year low of $0.22 and a 1 year high of $0.98. The stock has a market capitalization of $115.74 million, a PE ratio of -2.03 and a beta of -0.98.

Jushi (OTCMKTS:JUSHF - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported ($0.06) EPS for the quarter, meeting analysts' consensus estimates of ($0.06). The business had revenue of $65.05 million during the quarter, compared to analysts' expectations of $64.67 million. As a group, 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.