Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Short Interest Update

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 18,744 shares, a growth of ∞ from the July 30th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 87,425 shares, the days-to-cover ratio is currently 0.2 days.

Charlie’s Trading Up 2.3%

Shares of CHUC stock traded up $0.00 during mid-day trading on Friday, reaching $0.22. 54,905 shares of the stock traded hands, compared to its average volume of 54,869. The company has a market cap of $61.78 million, a price-to-earnings ratio of -22.02 and a beta of 1.33. The company has a quick ratio of 0.40, a current ratio of 1.65 and a debt-to-equity ratio of 0.69. The stock’s fifty day simple moving average is $0.21 and its two-hundred day simple moving average is $0.24. Charlie’s has a 1-year low of $0.15 and a 1-year high of $0.38.

Charlie’s (OTCMKTS:CHUC) last issued its quarterly earnings data on Monday, August 17th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $3.80 million during the quarter. Charlie’s had a negative net margin of 7.47% and a negative return on equity of 63.51%.

About Charlie’s

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. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.