Short Interest in Ayr Wellness Inc. (OTCMKTS:AYRWF) Grows By 6.3%

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the recipient of a large growth in short interest in 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 trading volume, of 689,500 shares, the short-interest ratio is presently 1.5 days.

Ayr Wellness Stock Up 3.5 %

Shares of OTCMKTS AYRWF traded up $0.01 during midday trading on Friday, hitting $0.41. 568,674 shares of the stock traded hands, compared to its average volume of 302,174. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.58 and a current ratio of 1.59. Ayr Wellness has a one year low of $0.38 and a one year high of $4.09. The business has a 50 day moving average price of $1.30 and a two-hundred day moving average price of $1.72. The company has a market cap of $47.26 million, a PE ratio of -0.19 and a beta of 1.54.

Analyst Ratings Changes

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

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.