Ayr Wellness Inc. (OTCMKTS:AYRWF) Short Interest Up 105.4% in November

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the target of a large growth in short interest in the month of 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 volume of 1,944,300 shares, the short-interest ratio is currently 0.5 days.

Ayr Wellness Stock Up 2.3 %

Shares of Ayr Wellness stock opened at $0.71 on Thursday. The firm’s 50 day moving average price is $1.60 and its 200-day moving average price is $1.89. The company has a market cap of $81.05 million, a P/E ratio of -0.32 and a beta of 2.00. The company has a quick ratio of 0.58, a current ratio of 1.59 and a debt-to-equity ratio of 0.76. Ayr Wellness has a 52-week low of $0.62 and a 52-week high of $4.09.

Analyst Ratings Changes

A number of research analysts have commented on AYRWF shares. Roth Mkm cut their target price on shares of Ayr Wellness from $3.50 to $3.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Atb Cap Markets downgraded shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a research report 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.

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.