Ayr Wellness Inc. (OTCMKTS:AYRWF) Short Interest Update

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on AYRWF shares. Atb Cap Markets cut shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 13th. Roth Mkm dropped their target price on shares of Ayr Wellness from $3.50 to $3.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Finally, Roth Capital upgraded shares of Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th.

Ayr Wellness Price Performance

AYRWF traded up $0.02 on Friday, reaching $0.71. The company had a trading volume of 246,962 shares, compared to its average volume of 694,209. The company has a fifty day moving average of $1.60 and a 200-day moving average of $1.89. 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 $0.62 and a one year high of $4.09.

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.