Jushi Holdings Inc. (OTCMKTS:JUSHF – Get Rating) saw a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 1,221,600 shares, a growth of 58.9% from the December 15th total of 768,800 shares. Based on an average daily trading volume, of 874,800 shares, the days-to-cover ratio is presently 1.4 days.
Jushi Stock Performance
Shares of JUSHF opened at $0.72 on Friday. Jushi has a 12-month low of $0.65 and a 12-month high of $4.78. The business’s fifty day moving average is $1.31 and its 200 day moving average is $1.56.
Wall Street Analyst Weigh In
JUSHF has been the subject of several recent research reports. BTIG Research initiated coverage on Jushi in a research note on Friday, October 28th. They issued a “buy” rating for the company. Cantor Fitzgerald increased their target price on shares of Jushi from $2.25 to $2.35 and gave the company a “neutral” rating in a research report on Wednesday, November 23rd. Finally, Canaccord Genuity Group downgraded shares of Jushi from a “buy” rating to a “hold” rating in a research report on Tuesday, November 15th.
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.
- Get a free copy of the StockNews.com research report on Jushi (JUSHF)
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