Caprock Group LLC Sells 15,000 Shares of SNDL Inc. (NASDAQ:SNDL)

Caprock Group LLC lowered its position in shares of SNDL Inc. (NASDAQ:SNDL) by 13.5% during the third quarter, HoldingsChannel.com reports. The fund owned 96,000 shares of the company’s stock after selling 15,000 shares during the quarter. Caprock Group LLC’s holdings in SNDL were worth $198,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SNDL. AdvisorShares Investments LLC boosted its position in shares of SNDL by 27.0% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,409,212 shares of the company’s stock valued at $2,706,000 after purchasing an additional 300,000 shares in the last quarter. WINTON GROUP Ltd acquired a new position in SNDL in the second quarter valued at approximately $742,000. Vontobel Holding Ltd. boosted its holdings in shares of SNDL by 38.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 159,914 shares of the company’s stock worth $329,000 after buying an additional 44,579 shares in the last quarter. Millennium Management LLC grew its position in shares of SNDL by 138.7% during the 2nd quarter. Millennium Management LLC now owns 2,080,069 shares of the company’s stock worth $3,952,000 after buying an additional 1,208,556 shares during the period. Finally, RMR Capital Management LLC bought a new stake in shares of SNDL in the 3rd quarter valued at $103,000.

SNDL Price Performance

Shares of NASDAQ SNDL opened at $1.98 on Monday. The company has a quick ratio of 4.16, a current ratio of 5.61 and a debt-to-equity ratio of 0.10. The firm has a market cap of $328.72 million, a PE ratio of -6.39 and a beta of 3.20. The company’s fifty day simple moving average is $2.04 and its 200 day simple moving average is $2.09. SNDL Inc. has a 12-month low of $1.30 and a 12-month high of $2.93.

SNDL Company Profile

SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.