Short Interest in Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) Declines By 14.7%

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 337,100 shares, a drop of 14.7% from the March 31st total of 395,300 shares. Based on an average daily volume of 464,900 shares, the short-interest ratio is presently 0.7 days.

Charlotte’s Web Price Performance

OTCMKTS:CWBHF traded down $0.01 during trading hours on Tuesday, reaching $0.19. The company’s stock had a trading volume of 162,109 shares, compared to its average volume of 284,915. The firm has a 50-day simple moving average of $0.18 and a 200-day simple moving average of $0.20. Charlotte’s Web has a 1 year low of $0.12 and a 1 year high of $0.47.

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.