Trulieve Cannabis Corp. (OTCMKTS:TCNNF – Get Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 644,400 shares, a drop of 13.7% from the May 31st total of 746,600 shares. Based on an average trading volume of 781,600 shares, the short-interest ratio is presently 0.8 days.
Trulieve Cannabis Trading Down 12.0 %
Shares of TCNNF stock opened at $9.25 on Friday. The stock has a 50 day simple moving average of $10.44 and a 200 day simple moving average of $9.50. Trulieve Cannabis has a 1 year low of $3.42 and a 1 year high of $14.50.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on TCNNF. Needham & Company LLC increased their price target on Trulieve Cannabis from $13.50 to $14.50 and gave the stock a “buy” rating in a research report on Friday, May 10th. Roth Mkm raised their target price on Trulieve Cannabis from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Friday, May 10th.
View Our Latest Stock Report on TCNNF Trulieve Cannabis Company Profile
Trulieve Cannabis Corp.,
