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

Ayr Wellness Inc. (OTCMKTS:AYRWF) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 468,600 shares, an increase of 5.3% from the May 31st total of 445,100 shares. Based on an average daily trading volume, of 222,800 shares, the short-interest ratio is presently 2.1 days.

Ayr Wellness Price Performance

Shares of AYRWF opened at $1.86 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 0.87 and a debt-to-equity ratio of 0.66. The firm has a market cap of $213.32 million, a PE ratio of -0.88 and a beta of 2.09. Ayr Wellness has a 1-year low of $0.79 and a 1-year high of $4.09. The firm has a fifty day simple moving average of $2.29 and a two-hundred day simple moving average of $2.35.

Ayr Wellness (OTCMKTS:AYRWF) last posted its quarterly earnings data on Wednesday, May 15th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.10). The company had revenue of $118.04 million during the quarter, compared to analysts’ expectations of $115.45 million. Ayr Wellness had a negative return on equity of 17.27% and a negative net margin of 39.55%. On average, equities analysts anticipate that Ayr Wellness will post -0.84 EPS for the current year.

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.