Leafly Holdings, Short Interest Increases 16.6% in January.
February 20, 2023
Trending News ☀️
Leafly Holdings ($NASDAQ:LFLY), Inc. experienced an impressive 16.6% increase in short interest in January. This uptick has been seen as a sign of strong investor interest in the company, as short interest provides an indication of how many investors are betting against the success of the company. This increase is significant, as it shows that more investors are taking a risk on the company and expecting its stock price to decrease. The increase in short interest could be a sign of impressive growth within the company, as more investors are willing to bet against its success.
This could also mean that Leafly Holdings, Inc. will experience a greater level of volatility over the next few months as its stock price is likely to fluctuate as investors watch closely for any signs of success or failure. It is important to remember that short interest is not indicative of future performance or success but could be a sign of growing investor sentiment in Leafly Holdings, Inc. It is always best to do your own research before investing in any company and use multiple sources of information to form an informed decision before investing.
Price History
News sentiment regarding Leafly Holdings, Inc. has been mostly positive thus far. On Thursday, LEAFLY HOLDINGS stock opened at $0.6 and closed at $0.6, rising 8.4% from its prior closing price. Additionally, short interest in the company has recently increased 16.6% in January, indicating an increase in bullish investment and a signal of positive trends in the company’s future earnings prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Leafly Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 4.29 | 12.01 | -184.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Leafly Holdings. More…
| Operations | Investing | Financing |
| -23.36 | 37.71 | -42.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Leafly Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 36.83 | 38.23 | -0.03 |
Key Ratios Snapshot
Some of the financial key ratios for Leafly Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 383.0% |
| FCF Margin | ROE | ROA |
| -594.6% | -1739.9% | 27.9% |
Analysis
At GoodWhale, we make it easy for investors to analyze the fundamentals of LEAFLY HOLDINGS. Our Risk Rating shows that LEAFLY HOLDINGS is a high risk investment when considering their finances and business operations. We have also discovered two warning signs from the cashflow and financial journal. Don’t take any chances with your hard-earned money – sign up with us today to take a closer look at LEAFLY HOLDINGS’s financial future. With our in-depth analysis, you can make an informed decision and get back to successful investing. More…
Peers
The legal cannabis industry is one of the fastest-growing industries in North America. According to a report by Deloitte, the industry is expected to generate $22.6 billion in revenue by 2025. Leafly Holdings Inc is one of the leading players in this industry. The company operates a website and app that provides information about cannabis strains, dispensaries, and doctors. Leafly Holdings Inc competes with other players in the industry such as Fire & Flower Holdings Corp, Delota Corp, and Shinybud Corp.
– Fire & Flower Holdings Corp ($TSX:FAF)
Fire & Flower Holdings Corp is a cannabis retail company. The company has a market cap of 77.92M as of 2022 and a Return on Equity of -20.94%. The company operates cannabis retail stores across Canada.
– Delota Corp ($TSXV:LOTA)
The company’s market cap is 4.29M as of 2022. The company’s ROE is 23.0%. The company is engaged in the business of providing software and services to the healthcare industry.
– Shinybud Corp ($TSXV:SNYB)
Shinybud Corp is a publicly traded company with a market capitalization of 19.61M as of 2022. The company has a Return on Equity of -32.07%. Shinybud Corp is engaged in the business of developing and commercializing cannabis products.
Summary
Leafly Holdings, Inc. has seen an increase in short interest of 16.6% in January, indicating investors are placing bets against the stock. The corresponding news sentiment has been mostly positive so far, resulting in the stock price of LEAFLY moving up on the same day. Despite the stock appreciation, it is important to research Leafly Holdings, Inc. thoroughly before investing as short interest could be an indicator of either bearish or bullish sentiment.
Investors should carefully consider Leafly Holdings, Inc.’s business fundamentals, financial performance and future prospects. Furthermore, market conditions should be taken into consideration when deciding whether or not to invest in LEAFLY.
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