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

Ayr Wellness Inc. (OTCMKTS:AYRWF) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 1,012,900 shares, a decrease of 13.8% from the December 15th total of 1,174,700 shares. Based on an average daily trading volume, of 773,100 shares, the days-to-cover ratio is currently 1.3 days.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AYRWF shares. Roth Mkm cut their price target on shares of Ayr Wellness from $3.50 to $3.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Atb Cap Markets downgraded shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 13th. Finally, Roth Capital upgraded Ayr Wellness to a “strong-buy” rating in a research note on Friday, November 8th.

Ayr Wellness Stock Down 1.7 %

OTCMKTS:AYRWF traded down $0.01 during trading hours on Friday, reaching $0.43. The company’s stock had a trading volume of 77,918 shares, compared to its average volume of 305,413. Ayr Wellness has a one year low of $0.36 and a one year high of $4.09. The business’s 50-day moving average is $0.56 and its 200-day moving average is $1.45. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.59 and a quick ratio of 0.58. The company has a market cap of $50.42 million, a price-to-earnings ratio of -0.19 and a beta of 1.63.

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.