Trulieve Cannabis Corp. (OTCMKTS:TCNNF) Short Interest Update

Trulieve Cannabis Corp. (OTCMKTS:TCNNF) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 572,000 shares, an increase of 25.0% from the October 31st total of 457,600 shares. Based on an average daily trading volume, of 2,592,000 shares, the days-to-cover ratio is currently 0.2 days.

Trulieve Cannabis Stock Performance

Trulieve Cannabis stock opened at $6.03 on Monday. The stock’s 50 day moving average price is $10.10 and its 200 day moving average price is $9.99. Trulieve Cannabis has a 1-year low of $4.75 and a 1-year high of $14.50.

Analysts Set New Price Targets

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $14.50 target price on shares of Trulieve Cannabis in a report on Tuesday, August 6th.

About Trulieve Cannabis

Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery. It sells flowers, edibles, vapes, creams, balms, salves, lotions, vaporizers, batteries, cartridge, concentrates, topicals, capsules, synringes, tinctures, and accessories under the Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, Trekkers, and Roll One brands.