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SNDL Inc. (NASDAQ:SNDL) Sees Large Increase in Short Interest
SNDL Inc. (NASDAQ:SNDL) experienced a significant 25.6% increase in short interest in March, reaching 2,152,216 shares. Despite a consensus “Hold” rating and a $5.00 price target from analysts, the company’s financial performance shows a mix of beating EPS estimates but missing revenue expectations, and it has a negative forecast for the current fiscal year’s EPS. Institutional investors have been both buying and selling shares, while the stock currently trades around $1.29 with a market cap of $330.76 million.