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

Ayr Wellness Inc. (OTCMKTS:AYRWF) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 463,000 shares, a growth of 7.4% from the July 31st total of 430,900 shares. Based on an average daily volume of 476,600 shares, the days-to-cover ratio is currently 1.0 days.

Ayr Wellness Trading Up 13.2 %

OTCMKTS:AYRWF opened at $1.80 on Wednesday. The company has a market cap of $205.49 million, a PE ratio of -0.85 and a beta of 2.09. The company has a current ratio of 1.75, a quick ratio of 0.67 and a debt-to-equity ratio of 0.70. The company has a 50 day simple moving average of $1.93 and a two-hundred day simple moving average of $2.17. Ayr Wellness has a 12 month low of $1.07 and a 12 month high of $4.09.

Ayr Wellness (OTCMKTS:AYRWF) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.08). The firm had revenue of $117.31 million during the quarter, compared to the consensus estimate of $119.30 million. Ayr Wellness had a negative return on equity of 19.00% and a negative net margin of 41.40%. Research analysts forecast that Ayr Wellness will post -1.22 earnings per share for the current year.

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.