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

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

Charlotte’s Web Stock Performance

Shares of OTCMKTS CWBHF traded up $0.04 during mid-day trading on Tuesday, reaching $0.24. 504,154 shares of the company were exchanged, compared to its average volume of 287,303. Charlotte’s Web has a 52 week low of $0.12 and a 52 week high of $0.47. The company’s 50 day moving average price is $0.18 and its 200 day moving average price is $0.20.

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.