Jushi Holdings Inc. (OTCMKTS:JUSHF) Short Interest Update

Jushi Holdings Inc. (OTCMKTS:JUSHF) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 11,121 shares, a decline of 43.6% from the June 15th total of 19,716 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 315,034 shares, the short-interest ratio is currently 0.0 days.

Jushi Price Performance

Shares of Jushi stock traded down $0.00 on Thursday, hitting $0.46. The company had a trading volume of 57,109 shares, compared to its average volume of 162,109. The business has a 50-day simple moving average of $0.48 and a 200-day simple moving average of $0.51. The company has a market cap of $90.90 million, a PE ratio of -1.26 and a beta of -0.70. Jushi has a 52 week low of $0.35 and a 52 week high of $0.98.

Jushi (OTCMKTS:JUSHF) last released its earnings results on Tuesday, May 12th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The company had revenue of $66.43 million for the quarter, compared to analyst estimates of $67.05 million. On average, equities research analysts predict that Jushi will post -0.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets lowered shares of Jushi from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

About Jushi

Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.

Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.