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

Ayr Wellness Inc. (OTCMKTS:AYRWF) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 1,012,900 shares, a drop of 13.8% from the December 15th total of 1,174,700 shares. Based on an average trading volume of 773,100 shares, the short-interest ratio is currently 1.3 days.

Ayr Wellness Stock Performance

AYRWF stock traded down $0.01 on Friday, reaching $0.43. The company’s stock had a trading volume of 77,918 shares, compared to its average volume of 305,413. The firm has a fifty day moving average of $0.56 and a two-hundred day moving average of $1.45. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.59 and a quick ratio of 0.58. The company has a market capitalization of $50.42 million, a P/E ratio of -0.19 and a beta of 1.63. Ayr Wellness has a 52 week low of $0.36 and a 52 week high of $4.09.

Analysts Set New Price Targets

AYRWF has been the topic of several recent analyst reports. Roth Capital upgraded Ayr Wellness to a “strong-buy” rating in a research note on Friday, November 8th. Roth Mkm cut their target price on Ayr Wellness from $3.50 to $3.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Finally, Atb Cap Markets cut Ayr Wellness from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 13th.

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.