Short Interest in MariMed Inc. (OTCMKTS:MRMD) Decreases By 93.5%

MariMed Inc. (OTCMKTS:MRMD) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 6,000 shares, a decline of 93.5% from the December 31st total of 91,800 shares. Based on an average daily trading volume, of 1,190,400 shares, the short-interest ratio is presently 0.0 days.

MariMed Trading Up 0.1 %

Shares of OTCMKTS:MRMD traded up $0.00 during trading hours on Tuesday, hitting $0.12. 343,145 shares of the company’s stock traded hands, compared to its average volume of 279,991. MariMed has a 1 year low of $0.11 and a 1 year high of $0.39. The business has a fifty day moving average price of $0.13 and a 200-day moving average price of $0.16. The firm has a market capitalization of $43.78 million, a P/E ratio of -2.88 and a beta of 2.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.55 and a quick ratio of 0.73.

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.