MariMed Inc. (OTCMKTS:MRMD) Short Interest Up 3,178.6% in December

MariMed Inc. (OTCMKTS:MRMD) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 91,800 shares, a growth of 3,178.6% from the November 30th total of 2,800 shares. Based on an average daily volume of 1,018,000 shares, the short-interest ratio is currently 0.1 days.

MariMed Price Performance

Shares of MariMed stock traded up $0.00 during trading hours on Thursday, reaching $0.12. The company’s stock had a trading volume of 916,869 shares, compared to its average volume of 471,216. The firm has a 50 day moving average price of $0.15 and a 200-day moving average price of $0.17. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.55 and a quick ratio of 0.73. The stock has a market cap of $45.64 million, a P/E ratio of -3.00 and a beta of 2.79. MariMed has a one year low of $0.11 and a one year high of $0.39.

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.