Zerostack Corp. (NASDAQ:ZSTK) Short Interest Update

Zerostack Corp. (NASDAQ:ZSTK) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 119,032 shares, a growth of 347.6% from the August 15th total of 26,592 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 2,526,875 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Zerostack in a research note on Thursday, August 20th. They set a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Zerostack Trading Down 1.2%

Shares of NASDAQ:ZSTK opened at $4.84 on Friday. The company has a market cap of $105.61 million, a P/E ratio of -0.44 and a beta of 2.05. Zerostack has a 12 month low of $1.32 and a 12 month high of $47.00.

About Zerostack

Flora Growth Corp., a cannabis company, cultivates, processes, and supplies cannabis products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis oil extracts and related products; manufactures and sells skincare and beauty products, such as gel cleanser, eye cream, moisturizer, and hydrating mask; manufactures dermo cosmetic products; and develops and sells pharmaceutical and over-the-counter products, including dietary supplements, phytotherapeutic and nutraceutical products, supplements, and related products.