Vireo Growth Inc (OTCMKTS:VREOD) Short Interest Update

Vireo Growth Inc (OTCMKTS:VREOD) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 93 shares, a decline of 99.9% from the May 31st total of 80,211 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 236,840 shares, the short-interest ratio is currently 0.0 days.

Vireo Growth Stock Down 0.1%

Vireo Growth stock opened at $10.00 on Friday. The company has a market capitalization of $453.10 million, a PE ratio of -3.03 and a beta of 1.43. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.84 and a current ratio of 1.20. Vireo Growth has a fifty-two week low of $9.41 and a fifty-two week high of $24.00. The firm has a 50 day moving average price of $12.25 and a 200 day moving average price of $14.04.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Vireo Growth to a “strong sell” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Vireo Growth Company Profile

Vireo Growth is a cannabis-focused company that develops and operates licensed cannabis cultivation, processing, and retail businesses in the United States. The company’s activities generally center on producing and distributing cannabis products for both medical and adult-use markets, depending on the laws of the states in which it operates.

Vireo Growth has pursued a multi-state strategy, with operations historically concentrated in select U.S. markets where cannabis is legal under state law.