MariMed Inc. (OTCMKTS:MRMD) Short Interest Update

by · The Markets Daily

MariMed Inc. (OTCMKTS:MRMDGet Free Report) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 6,000 shares, a decrease of 93.5% from the December 15th 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 Trading Down 1.3 %

Shares of MariMed stock traded down $0.00 during mid-day trading on Tuesday, hitting $0.11. 335,187 shares of the stock were exchanged, compared to its average volume of 277,198. MariMed has a twelve month low of $0.11 and a twelve month high of $0.39. The company has a 50-day simple moving average of $0.14 and a 200 day simple moving average of $0.16. The company has a current ratio of 1.55, a quick ratio of 0.73 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $43.17 million, a price-to-earnings ratio of -2.84 and a beta of 2.84.

MariMed Company Profile

(Get Free Report)

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.

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