Verano Holdings Corp. (OTCMKTS:VRNOF – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 517,200 shares, a decrease of 25.7% from the March 15th total of 696,400 shares. Based on an average daily volume of 503,400 shares, the days-to-cover ratio is currently 1.0 days.
Verano Trading Down 1.3 %
VRNOF stock opened at $5.43 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.62 and a current ratio of 0.96. The company’s 50-day simple moving average is $5.65 and its 200 day simple moving average is $4.86. Verano has a 52 week low of $2.53 and a 52 week high of $7.08. The company has a market capitalization of $1.87 billion, a PE ratio of -15.97 and a beta of 1.58.
Verano (OTCMKTS:VRNOF – Get Free Report) last released its quarterly earnings results on Friday, March 15th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Verano had a negative net margin of 12.50% and a negative return on equity of 4.49%. The business had revenue of $237.19 million during the
