Short Interest in Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Drops By 65.4%

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 121,900 shares, a decrease of 65.4% from the October 15th total of 352,500 shares. Based on an average daily trading volume, of 433,000 shares, the short-interest ratio is currently 0.3 days.

Auxly Cannabis Group Stock Performance

OTCMKTS:CBWTF traded down $0.00 during trading hours on Tuesday, reaching $0.03. 559,107 shares of the company’s stock were exchanged, compared to its average volume of 654,010. Auxly Cannabis Group has a 1-year low of $0.01 and a 1-year high of $0.05. The company has a 50-day moving average of $0.03 and a 200 day moving average of $0.03. The firm has a market capitalization of $39.18 million, a price-to-earnings ratio of -0.51 and a beta of 1.20. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 0.41.

Auxly Cannabis Group Company Profile

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