Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Sees Significant Decrease in Short Interest

Auxly Cannabis Group Inc. (OTCMKTS:CBWTFGet Free Report) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 228,700 shares, a decline of 28.7% from the January 31st total of 320,800 shares. Based on an average daily trading volume, of 2,585,900 shares, the short-interest ratio is currently 0.1 days.

Auxly Cannabis Group Stock Performance

OTCMKTS:CBWTF opened at $0.05 on Wednesday. Auxly Cannabis Group has a 1 year low of $0.01 and a 1 year high of $0.06. The stock has a market cap of $69.34 million, a P/E ratio of -0.88 and a beta of 0.96. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.48 and a current ratio of 0.85. The stock has a 50-day simple moving average of $0.04 and a 200-day simple moving average of $0.03.

About Auxly Cannabis Group

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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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