Ayr Wellness Inc. (OTCMKTS:AYRWF) Sees Significant Decrease in Short Interest

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the recipient of a large drop in short interest in August. As of August 15th, there was short interest totaling 751,000 shares, adropof33.6% from the July 31st total of 1,131,600 shares. Based on an average daily volume of 7,968,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 7,968,500 shares, the days-to-cover ratio is currently 0.1 days.

Ayr Wellness Stock Up 13.4%

Ayr Wellness stock opened at $0.03 on Monday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.60 and a quick ratio of 0.57. The stock has a market capitalization of $3.83 million, a price-to-earnings ratio of -0.01 and a beta of 1.69. Ayr Wellness has a 1-year low of $0.00 and a 1-year high of $2.60. The business has a fifty day moving average price of $0.10 and a 200-day moving average price of $0.17.

About Ayr Wellness

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.