Short Interest in Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Increases By 196.5%

Auxly Cannabis Group Inc. (OTCMKTS:CBWTFGet Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 352,500 shares, a growth of 196.5% from the September 30th total of 118,900 shares. Based on an average daily trading volume, of 945,200 shares, the days-to-cover ratio is presently 0.4 days.

Auxly Cannabis Group Price Performance

CBWTF stock remained flat at $0.03 during mid-day trading on Friday. The company’s stock had a trading volume of 184,528 shares, compared to its average volume of 653,529. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $43.35 million, a P/E ratio of -0.69 and a beta of 1.23. Auxly Cannabis Group has a 1-year low of $0.01 and a 1-year high of $0.05. The company has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.03.

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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