Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Sees Significant Drop in Short Interest

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 196,700 shares, a drop of 65.9% from the February 28th total of 577,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,470,100 shares, the days-to-cover ratio is presently 0.1 days.

Auxly Cannabis Group Stock Down 5.0 %

Shares of CBWTF opened at $0.06 on Thursday. The firm has a 50 day simple moving average of $0.05 and a two-hundred day simple moving average of $0.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.48. Auxly Cannabis Group has a one year low of $0.02 and a one year high of $0.07. The company has a market cap of $74.95 million, a P/E ratio of -0.95 and a beta of 0.97.

About Auxly Cannabis Group

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.