Ayr Wellness Inc. (OTCMKTS:AYRWF) Sees Large Growth in Short Interest

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the recipient of a large growth in short interest during the month of 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 short-interest ratio is presently 1.5 days.

Ayr Wellness Trading Up 3.5 %

AYRWF traded up $0.01 during trading on Monday, hitting $0.41. The company’s stock had a trading volume of 568,674 shares, compared to its average volume of 302,173. The firm’s 50 day moving average price is $1.30 and its 200-day moving average price is $1.72. 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 stock has a market cap of $47.26 million, a PE ratio of -0.19 and a beta of 1.54. Ayr Wellness has a twelve month low of $0.38 and a twelve month high of $4.09.

Analysts Set New Price Targets

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

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.