Ayr Wellness Inc. (OTCMKTS:AYRWF) Short Interest Up 15.9% in August

Ayr Wellness Inc. (OTCMKTS:AYRWF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 536,700 shares, a growth of 15.9% from the August 15th total of 463,000 shares. Based on an average daily volume of 332,400 shares, the short-interest ratio is presently 1.6 days.

Ayr Wellness Stock Up 0.5 %

Shares of Ayr Wellness stock opened at $2.05 on Monday. The stock’s fifty day moving average is $1.93 and its 200-day moving average is $2.16. The firm has a market capitalization of $235.12 million, a PE ratio of -0.97 and a beta of 2.03. The company has a quick ratio of 0.67, a current ratio of 1.75 and a debt-to-equity ratio of 0.70. Ayr Wellness has a 12-month low of $1.07 and a 12-month high of $4.09.

Ayr Wellness (OTCMKTS:AYRWF) last announced its earnings results on Wednesday, August 7th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.08). The company had revenue of $117.31 million for the quarter, compared to analyst estimates of $119.30 million. Ayr Wellness had a negative return on equity of 19.00% and a negative net margin of 41.40%. Equities analysts anticipate that Ayr Wellness will post -1.22 earnings per share for the current year.

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.