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

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) was the recipient of a significant decrease in short interest in 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 trading volume of 250,200 shares, the days-to-cover ratio is presently 0.7 days.

Charlotte’s Web Stock Performance

OTCMKTS CWBHF traded down $0.00 on Friday, hitting $0.09. 539,033 shares of the stock were exchanged, compared to its average volume of 177,621. The business’s fifty day moving average is $0.11 and its 200 day moving average is $0.13. Charlotte’s Web has a 52 week low of $0.07 and a 52 week high of $0.27.

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.