Curaleaf Holdings, Inc. (OTCMKTS:CURLF) Short Interest Update

Curaleaf Holdings, Inc. (OTCMKTS:CURLF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 6,765,700 shares, a drop of 6.6% from the December 31st total of 7,246,500 shares. Based on an average daily trading volume, of 1,464,200 shares, the days-to-cover ratio is currently 4.6 days.

Analyst Ratings Changes

Several brokerages have weighed in on CURLF. Cormark cut shares of Curaleaf from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 7th. Roth Capital upgraded Curaleaf to a “strong-buy” rating in a research note on Sunday, November 10th.

Curaleaf Stock Down 7.0 %

CURLF stock opened at $1.32 on Monday. Curaleaf has a 52 week low of $0.88 and a 52 week high of $6.40. The business has a 50-day simple moving average of $1.57 and a 200 day simple moving average of $2.53. The company has a quick ratio of 0.51, a current ratio of 1.11 and a debt-to-equity ratio of 0.85. The company has a market cap of $866.04 million, a PE ratio of -4.55 and a beta of 0.64.

About Curaleaf

Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.