Ascend Wellness Holdings, Inc. (OTC:AAWH) Short Interest Up 151.3% in May

Ascend Wellness Holdings, Inc. (OTC:AAWH - Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 19,100 shares, a growth of 151.3% from the May 15th total of 7,600 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 125,300 shares, the short-interest ratio is presently 0.2 days.

Ascend Wellness Trading Down 4.7%

Shares of OTC AAWH traded down $0.01 during midday trading on Friday, reaching $0.30. 58,328 shares of the stock were exchanged, compared to its average volume of 119,357. The business has a 50-day simple moving average of $0.34 and a two-hundred day simple moving average of $0.37. The company has a market capitalization of $60.41 million, a price-to-earnings ratio of -0.72 and a beta of 1.03. Ascend Wellness has a 12 month low of $0.27 and a 12 month high of $1.23. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.47 and a quick ratio of 0.80.

About Ascend Wellness

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.