MariMed Inc. (OTCMKTS:MRMD) Short Interest Update

MariMed Inc. (OTCMKTS:MRMD) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 1,200 shares, a decrease of 95.7% from the May 31st total of 27,900 shares. Based on an average daily volume of 737,600 shares, the days-to-cover ratio is presently 0.0 days.

MariMed Price Performance

OTCMKTS MRMD remained flat at $0.19 during trading on Friday. The company’s stock had a trading volume of 818,099 shares, compared to its average volume of 294,135. The company has a current ratio of 1.55, a quick ratio of 0.73 and a debt-to-equity ratio of 1.01. MariMed has a 52 week low of $0.18 and a 52 week high of $0.55. The business’s 50 day moving average is $0.24 and its 200 day moving average is $0.27. The firm has a market cap of $72.14 million, a price-to-earnings ratio of -4.75 and a beta of 2.68.

MariMed Company Profile

MariMed Inc engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature's Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby's Baked brand; and drink mix under Vibations brand.