Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 470,190 shares, a growth of 131.1% from the July 15th total of 203,501 shares. Based on an average daily trading volume, of 489,248 shares, the short-interest ratio is presently 1.0 days.
Charlotte’s Web Price Performance
Shares of CWBHF traded up $0.02 during trading hours on Friday, reaching $0.32. 12,909 shares of the company traded hands, compared to its average volume of 577,357. The business has a fifty day moving average price of $0.30 and a 200-day moving average price of $0.50. Charlotte’s Web has a 12-month low of $0.08 and a 12-month high of $0.97.
About Charlotte’s Web
Charlotte’s Web Holdings, Inc is a producer and distributor of hemp-derived wellness products, operating under the Charlotte’s Web brand name. The company specializes in full-spectrum cannabidiol (CBD) formulations sourced from proprietary hemp genetics and manufactured at its vertically integrated processing facilities in Colorado. Its product suite encompasses CBD oils, capsules, gummies, topicals and pet-specific formulations designed to support general well-being.
Originally founded in 2013 by the Stanley Brothers in Boulder, Colorado, Charlotte’s Web pioneered the consumer CBD market with an emphasis on quality, consistency and transparency.
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