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

Auxly Cannabis Group Inc. (OTCMKTS:CBWTF) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 202,600 shares, a decline of 44.4% from the November 15th total of 364,600 shares. Based on an average daily trading volume, of 1,155,200 shares, the days-to-cover ratio is currently 0.2 days.

Auxly Cannabis Group Stock Down 12.0 %

CBWTF traded down $0.00 on Friday, hitting $0.03. The company had a trading volume of 278,620 shares, compared to its average volume of 495,199. The firm has a market capitalization of $32.11 million, a P/E ratio of -0.42 and a beta of 1.15. Auxly Cannabis Group has a 52-week low of $0.01 and a 52-week high of $0.05. The stock has a fifty day simple moving average of $0.03 and a 200-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.

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.