Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) Sees Large Decline in Short Interest

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 163,800 shares, a decrease of 16.4% from the January 15th total of 195,900 shares. Based on an average daily trading volume, of 250,200 shares, the days-to-cover ratio is presently 0.7 days.

Charlotte’s Web Stock Down 3.2 %

Shares of Charlotte’s Web stock traded down $0.00 on Friday, hitting $0.09. The company had a trading volume of 539,033 shares, compared to its average volume of 177,621. Charlotte’s Web has a twelve month low of $0.07 and a twelve month high of $0.27. The stock has a 50-day moving average of $0.11 and a 200-day moving average of $0.13.

Charlotte’s Web Company Profile

Charlotte's Web Holdings, Inc is involved in the farming, manufacture, marketing, and sale of hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, ReCreate, CBD Medic, CBD Clinic, and Harmony Hemp brands.