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

Jushi Holdings Inc. (OTCMKTS:JUSHF) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 1,978,700 shares, a drop of 8.7% from the June 30th total of 2,166,500 shares. Based on an average daily volume of 277,500 shares, the days-to-cover ratio is presently 7.1 days.

Jushi Stock Performance

Shares of JUSHF opened at $0.58 on Tuesday. Jushi has a fifty-two week low of $0.35 and a fifty-two week high of $1.09. The company’s fifty day moving average is $0.59 and its 200 day moving average is $0.67.

Jushi (OTCMKTS:JUSHF) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The business had revenue of $65.46 million during the quarter, compared to the consensus estimate of $66.30 million. Jushi had a negative net margin of 26.80% and a negative return on equity of 5,529.11%. As a group, sell-side analysts anticipate that Jushi will post -0.23 earnings per share for the current year.

About Jushi

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products. It focuses on building a portfolio of cannabis assets in various jurisdictions in Pennsylvania, Virginia, Ohio, Illinois, California, Nevada, and Massachusetts.