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

Ayr Wellness Inc. (OTCMKTS:AYRWF) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 977,800 shares, a growth of 105.4% from the October 31st total of 476,000 shares. Based on an average daily trading volume, of 1,944,300 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

A number of analysts have commented on AYRWF shares. Roth Capital raised shares of Ayr Wellness to a “strong-buy” rating in a research note on Friday, November 8th. Atb Cap Markets lowered shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 13th. Finally, Roth Mkm reduced their price target 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.

Ayr Wellness Stock Up 2.3 %

Shares of OTCMKTS AYRWF traded up $0.02 during mid-day trading on Friday, reaching $0.71. The company had a trading volume of 246,962 shares, compared to its average volume of 694,209. The stock has a fifty day moving average of $1.60 and a two-hundred day moving average of $1.89. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.59 and a quick ratio of 0.58. Ayr Wellness has a 12-month low of $0.62 and a 12-month high of $4.09.

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.