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Green Thumb Industries Stock Drops Amid Short Interest Surge

3 reports, 2 independent Updated Thu 00:00
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Reports
3
Developments
2
Repetition
33%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Green Thumb Industries Inc. experienced a significant increase in short interest during September. As of September 15th, short interest totaled 4,821,938 shares, representing a 2,735.4% growth from the August 31st total of 170,063 shares. The company's stock traded down 4.8% on Thursday, closing at $7.70.

From dailypolitical.com

Why it matters

Some supportBrind's analysis of the reports

The company has a market capitalization of $1.50 billion. Green Thumb Industries Inc. reported $0.02 EPS for its last quarterly earnings, which was above the consensus estimate of $0.01.

From dailypolitical.com

Who's involved

  • OhioState of Ohio where the company operates in adult-use markets.
  • PennsylvaniaState of Pennsylvania where the company operates in adult-use markets.
  • IllinoisState of Illinois where the company operates in adult-use markets.

How it developed

Newest first. Tap a step to see who reported it.
  1. Green Thumb Industries Inc. reported revenue growth, acquisitions, and new store openings across several states.1 source
  2. The company operates in adult-use markets across three states.1 source

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The entities involved

Coverage

Newest first; wire copies grouped