Green Thumb Industries Inc. (OTCMKTS:GTBIF) Short Interest Down 36.6% in February

Posted by Patrick Bannon on Mar 2nd, 2025

Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 14,900 shares, a decline of 36.6% from the January 31st total of 23,500 shares. Based on an average daily volume of 1,295,100 shares, the short-interest ratio is presently 0.0 days.

Green Thumb Industries Stock Down 3.5 %

Shares of OTCMKTS:GTBIF opened at $6.95 on Friday. The company has a market capitalization of $1.48 billion, a P/E ratio of 28.96 and a beta of 1.31. Green Thumb Industries has a 52-week low of $6.60 and a 52-week high of $16.33. The stock’s fifty day simple moving average is $7.34 and its 200-day simple moving average is $8.95.

Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. The firm had revenue of $294.32 million during the quarter, compared to the consensus estimate of $289.66 million. On average, sell-side analysts anticipate that Green Thumb Industries will post 0.32 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Roth Capital raised Green Thumb Industries to a “strong-buy” rating in a report on Sunday, November 10th. Two investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and a consensus target price of $16.50.

Read Our Latest Report on GTBIF

Green Thumb Industries Company Profile

(Get Free Report)

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.