Ayr Wellness Inc. (OTCMKTS:AYRWF) Sees Significant Drop in Short Interest – Defense World

Ayr Wellness Inc. (OTCMKTS:AYRWFGet Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 462,900 shares, a drop of 21.7% from the February 29th total of 591,400 shares. Based on an average daily trading volume, of 650,200 shares, the days-to-cover ratio is presently 0.7 days.

Ayr Wellness Stock Performance

OTCMKTS:AYRWF opened at $2.65 on Friday. The stock’s 50-day simple moving average is $2.42 and its 200 day simple moving average is $2.19. Ayr Wellness has a twelve month low of $0.57 and a twelve month high of $4.09. The firm has a market capitalization of $202.67 million, a PE ratio of -0.69 and a beta of 2.55. The company has a quick ratio of 0.43, a current ratio of 0.96 and a debt-to-equity ratio of 0.75.

About Ayr Wellness

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Ayr Wellness Inc operates as a vertically-integrated cannabis multi-state 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. Recommended Stories

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