Short Interest in Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Declines By 65.9%

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) was the recipient 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. Based on an average trading volume of 2,470,100 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Auxly Cannabis Group Trading Down 4.7 %

OTCMKTS CBWTF traded down $0.00 on Friday, reaching $0.06. The company had a trading volume of 899,471 shares, compared to its average volume of 1,358,493. The firm has a market cap of $74.55 million, a price-to-earnings ratio of -0.95 and a beta of 0.97. 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 fifty-two week low of $0.02 and a fifty-two week high of $0.07. The business has a 50 day moving average of $0.05 and a two-hundred day moving average of $0.04.

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.