Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) Sees Large Decrease in Short Interest

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 228,700 shares, a decline of 28.7% from the January 31st total of 320,800 shares. Based on an average trading volume of 2,585,900 shares, the days-to-cover ratio is currently 0.1 days.

Auxly Cannabis Group Stock Down 11.7 %

Shares of OTCMKTS CBWTF traded down $0.01 during mid-day trading on Tuesday, reaching $0.05. The company had a trading volume of 1,235,972 shares, compared to its average volume of 1,421,432. The company has a market capitalization of $69.34 million, a price-to-earnings ratio of -0.88 and a beta of 1.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.48 and a current ratio of 0.85. The stock has a fifty day moving average of $0.04 and a two-hundred day moving average of $0.03. Auxly Cannabis Group has a 12-month low of $0.01 and a 12-month high of $0.06.

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.