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

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 439,600 shares, a decrease of 5.0% from the March 15th total of 462,900 shares. Based on an average daily volume of 902,700 shares, the short-interest ratio is presently 0.5 days.

Ayr Wellness Price Performance

Ayr Wellness stock opened at $2.37 on Tuesday. Ayr Wellness has a 52-week low of $0.59 and a 52-week high of $4.09. The company has a quick ratio of 0.43, a current ratio of 0.96 and a debt-to-equity ratio of 0.75. The firm’s fifty day moving average is $2.30 and its 200 day moving average is $2.18. The company has a market cap of $181.54 million, a price-to-earnings ratio of -0.62 and a beta of 2.63.

Ayr Wellness (OTCMKTS:AYRWF) last announced its earnings results on Wednesday, March 13th. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.10). Ayr Wellness had a negative net margin of 58.68% and a negative return on equity of 14.13%. The firm had revenue of $114.84 million during the quarter, compared to analysts’ expectations of $114.95 million. Sell-side analysts forecast that Ayr Wellness will post -0.66 EPS for the current fiscal 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.