Trulieve Cannabis Corp. (OTCMKTS:TCNNF – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 671,700 shares, an increase of 79.8% from the March 31st total of 373,600 shares. Based on an average trading volume of 1,183,200 shares, the days-to-cover ratio is presently 0.6 days.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC increased their target price on shares of Trulieve Cannabis from $6.50 to $13.50 and gave the stock a “buy” rating in a report on Friday, March 1st.
Get Our Latest Research Report on Trulieve Cannabis
Trulieve Cannabis Price Performance Shares of Trulieve Cannabis stock opened at $10.57 on Friday. Trulieve Cannabis has a 1 year low of $3.42 and a 1 year high of $13.75. The company’s fifty day moving average is $10.78 and its two-hundred day moving average is $7.74. About Trulieve Cannabis
Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery. It sells flowers, edibles, vapes, creams, balms,