Curaleaf Holdings, Inc. (OTCMKTS:CURLF – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 5,231,800 shares, a growth of 11.4% from the May 15th total of 4,698,000 shares. Based on an average daily volume of 3,246,100 shares, the short-interest ratio is presently 1.6 days.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC lifted their price target on shares of Curaleaf from $5.25 to $6.25 and gave the company a “buy” rating in a report on Friday, May 10th.
View Our Latest Report on CURLF
Curaleaf Price Performance
Shares of OTCMKTS:CURLF traded down $0.18 on Friday, reaching $4.01. 534,083 shares of the company traded hands, compared to its average volume of 953,419. The company’s 50 day moving average is $5.04 and its 200-day moving average is $4.79. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.36. The stock has a market capitalization of $2.60 billion, a PE ratio of -10.28 and a beta of 0.98. Curaleaf has a fifty-two week low of $2.51 and a fifty-two week high of $6.40.
Curaleaf (OTCMKTS:CURLF – Get Free Report)
