Short Interest in Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Drops By 60.5%

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 19,300 shares, a drop of 60.5% from the June 15th total of 48,800 shares. Based on an average daily trading volume, of 87,200 shares, the days-to-cover ratio is currently 0.2 days.

Charlie’s Price Performance

Shares of CHUC remained flat at $0.17 during midday trading on Thursday. 13,041 shares of the company’s stock traded hands, compared to its average volume of 69,413. Charlie’s has a one year low of $0.08 and a one year high of $0.24. The stock’s fifty day moving average price is $0.13 and its 200-day moving average price is $0.14.

Charlie’s Company Profile

Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes non-combustible nicotine-related, alternative alkaloid vapor, and hemp-derived vapor and edible products. It sells its products through distributors, specialty retailers, and third-party online resellers in the United States, the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada.