Ayr Wellness Inc. (OTCMKTS:AYRWF) Short Interest Update

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,039,000 shares, a growth of 6.3% from the November 15th total of 977,800 shares. Based on an average daily volume of 689,500 shares, the days-to-cover ratio is currently 1.5 days.

Ayr Wellness Trading Down 4.6 %

OTCMKTS:AYRWF opened at $0.40 on Tuesday. The firm has a market capitalization of $45.09 million, a price-to-earnings ratio of -0.18 and a beta of 1.54. The company has a current ratio of 1.59, a quick ratio of 0.58 and a debt-to-equity ratio of 0.76. The business’s 50-day moving average price is $1.27 and its two-hundred day moving average price is $1.71. Ayr Wellness has a 1-year low of $0.38 and a 1-year high of $4.09.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AYRWF shares. Roth Capital raised Ayr Wellness to a “strong-buy” rating in a report on Friday, November 8th. Roth Mkm reduced their target price on shares of Ayr Wellness from $3.50 to $3.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Finally, Atb Cap Markets cut shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 13th.

Ayr Wellness Company Profile

Ayr Wellness Inc operates as a vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. It owns and operates a chain of cannabis retail stores under AYR, Liberty Health Sciences, and The Dispensary brand names.