Grown Rogue International Inc. (OTCMKTS:GRUSF) Sees Large Growth in Short Interest

Grown Rogue International Inc. (OTCMKTS:GRUSF) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 294,900 shares, an increase of 29.6% from the August 15th total of 227,600 shares. Based on an average daily trading volume, of 225,000 shares, the days-to-cover ratio is currently 1.3 days.

Grown Rogue International Stock Performance

Shares of GRUSF stock remained flat at $0.65 on Monday. The company had a trading volume of 27,121 shares, compared to its average volume of 174,206. The business has a 50 day moving average of $0.62 and a two-hundred day moving average of $0.63. Grown Rogue International has a 52-week low of $0.20 and a 52-week high of $0.90. The company has a quick ratio of 0.68, a current ratio of 1.02 and a debt-to-equity ratio of 0.12. The company has a market cap of $135.36 million and a PE ratio of 65.00.

Grown Rogue International (OTCMKTS:GRUSF) last released its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $7.72 million for the quarter.

Grown Rogue International Company Profile

Grown Rogue International Inc, together with its subsidiaries, produces and sells cannabis products in the United States. It offers a range of cultivars for consumers, such as indicas, sativas, and hybrids; strain-specific prepackaged flowers; and pre-roll pack products, as well as provides consulting services.