Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Short Interest Down 17.0% in June

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 302,600 shares, a decrease of 17.0% from the May 31st total of 364,600 shares. Based on an average daily volume of 873,400 shares, the days-to-cover ratio is presently 0.3 days.

Auxly Cannabis Group Price Performance

Shares of Auxly Cannabis Group stock opened at $0.02 on Tuesday. Auxly Cannabis Group has a twelve month low of $0.01 and a twelve month high of $0.05. The stock has a market capitalization of $28.82 million, a price-to-earnings ratio of -0.46 and a beta of 1.22. The company has a current ratio of 0.71, a quick ratio of 0.38 and a debt-to-equity ratio of 0.03. The business’s 50 day simple moving average is $0.03 and its 200-day simple moving average is $0.02.

Auxly Cannabis Group (OTCMKTS:CBWTF) last issued its earnings results on Monday, May 13th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $18.72 million during the quarter. Auxly Cannabis Group had a negative return on equity of 74.04% and a negative net margin of 58.29%.

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.