Short Interest in Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Expands By 41.1%

Auxly Cannabis Group Inc. (OTCMKTS:CBWTFGet Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 315,400 shares, a growth of 41.1% from the August 31st total of 223,500 shares. Based on an average daily volume of 497,300 shares, the short-interest ratio is currently 0.6 days.

Auxly Cannabis Group Stock Performance

Auxly Cannabis Group stock remained flat at $0.03 during mid-day trading on Friday. The company’s stock had a trading volume of 53,483 shares, compared to its average volume of 684,174. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.42 and a current ratio of 0.80. The firm has a market cap of $33.52 million, a price-to-earnings ratio of -0.54 and a beta of 1.24. The firm’s 50-day moving average is $0.03 and its two-hundred day moving average is $0.03. Auxly Cannabis Group has a one year low of $0.01 and a one year high of $0.05.

Auxly Cannabis Group Company Profile

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Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names.

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