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

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

Wall Street Analyst Weigh In

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

Ayr Wellness Price Performance

OTCMKTS AYRWF traded up $0.01 on Friday, hitting $0.41. 568,674 shares of the company’s stock were exchanged, compared to its average volume of 302,174. The stock has a 50-day moving average of $1.30 and a 200-day moving average of $1.72. The stock has a market cap of $47.26 million, a price-to-earnings ratio of -0.19 and a beta of 1.54. Ayr Wellness has a 52 week low of $0.38 and a 52 week high of $4.09. The company has a current ratio of 1.59, a quick ratio of 0.58 and a debt-to-equity ratio of 0.76.

About Ayr Wellness

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.