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

Ayr Wellness Inc. (OTCMKTS:AYRWF) saw a large 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 trading volume of 332,400 shares, the days-to-cover ratio is currently 1.6 days.

Ayr Wellness Trading Up 0.5 %

Shares of AYRWF stock opened at $2.05 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.67 and a current ratio of 1.75. Ayr Wellness has a 1 year low of $1.07 and a 1 year high of $4.09. The stock has a fifty day moving average of $1.93 and a two-hundred day moving average of $2.16. The firm has a market capitalization of $235.12 million, a PE ratio of -0.97 and a beta of 2.03.

Ayr Wellness (OTCMKTS:AYRWF) last announced its quarterly 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). Ayr Wellness had a negative return on equity of 19.00% and a negative net margin of 41.40%. The business had revenue of $117.31 million for the quarter, compared to analyst estimates of $119.30 million. As a group, research analysts expect that Ayr Wellness will post -1.22 EPS 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.