Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Short Interest Up 65.2% in March

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 526,300 shares, a growth of 65.2% from the March 15th total of 318,600 shares. Based on an average daily volume of 9,638,100 shares, the short-interest ratio is presently 0.1 days.

Auxly Cannabis Group Price Performance

Shares of OTCMKTS:CBWTF opened at $0.04 on Friday. The stock has a market capitalization of $42.26 million, a price-to-earnings ratio of -1.06 and a beta of 1.36. Auxly Cannabis Group has a 1-year low of $0.01 and a 1-year high of $0.05. The company’s fifty day moving average is $0.02 and its two-hundred day moving average is $0.01. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.31 and a current ratio of 0.74.

Auxly Cannabis Group (OTCMKTS:CBWTF) last issued its earnings results on Monday, March 25th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $19.77 million for the quarter. Auxly Cannabis Group had a negative return on equity of 53.47% and a negative net margin of 43.42%.

About Auxly Cannabis Group

Auxly Cannabis Group Inc operates as a consumer-packaged goods company in the cannabis products market in Canada. The company focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. It offers cannabis products under various forms, including vape catridges, infused pre-rolls, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the brands KOLAB PROJECT, Dosecann, BACK FORTY, and Foray.