MariMed Inc. (OTCMKTS:MRMD) Short Interest Down 93.5% in January

MariMed Inc. (OTCMKTS:MRMD) saw a significant decline in short interest in 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 volume of 1,190,400 shares, the short-interest ratio is presently 0.0 days.

MariMed Stock Up 0.9 %

Shares of OTCMKTS:MRMD traded up $0.00 during mid-day trading on Thursday, reaching $0.11. 270,081 shares of the stock were exchanged, compared to its average volume of 271,530. The stock’s 50 day simple moving average is $0.13 and its 200-day simple moving average is $0.16. MariMed has a one year low of $0.11 and a one year high of $0.39. The company has a market cap of $43.70 million, a P/E ratio of -2.87 and a beta of 2.84. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 1.01.

About MariMed

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.