Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,821,938 shares, a growth of 2,735.4% from the August 31st total of 170,063 shares. Based on an average daily volume of 908,782 shares, the short-interest ratio is presently 5.3 days. Currently, 2.7% of the company’s stock are sold short.
Green Thumb Industries Stock Performance
Shares of Green Thumb Industries stock opened at $7.70 on Friday. The company’s 50-day moving average price is $7.34 and its two-hundred day moving average price is $7.31. Green Thumb Industries has a 52 week low of $5.29 and a 52 week high of $10.43. The stock has a market cap of $1.50 billion, a PE ratio of 14.26 and a beta of 1.27.
Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. The company had revenue of $306.68 million during the quarter, compared to analyst estimates of $298.99 million. Green Thumb Industries had a net margin of 10.48% and a return on equity of 6.03%. On average, equities analysts predict that Green Thumb Industries will post 0.16 EPS for the current fiscal year.
Analyst Ratings Changes
View Our Latest Research Report on Green Thumb Industries
About Green Thumb Industries
Green Thumb Industries Inc is a consumer-focused cannabis company that cultivates, manufactures and distributes cannabis products in the United States. Its product portfolio includes flower, pre-rolls, vapes, edibles, concentrates and other cannabis products sold under brands such as Good Green, &Shine, incredibles, Beboe and Dogwalkers.
The company also operates a national retail platform under the RISE Dispensaries name. Through its cultivation, manufacturing and retail operations, Green Thumb serves adult-use and medical cannabis markets across multiple states, including Illinois, Pennsylvania, Ohio, New Jersey, Nevada, Massachusetts, Maryland, Florida, Virginia, Connecticut and Minnesota.
Founded in 2014 and headquartered in Chicago, Green Thumb Industries has expanded through the development and acquisition of cultivation facilities, manufacturing operations and dispensary locations.
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