Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF – Get Free Report) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 157,211 shares, a decrease of 46.0% from the April 15th total of 291,228 shares. Based on an average daily trading volume, of 909,110 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.
Cannabis Wheaton Income Price Performance
Shares of Cannabis Wheaton Income stock opened at $0.10 on Friday. The stock has a 50 day moving average of $0.10 and a 200 day moving average of $0.10. Cannabis Wheaton Income has a 12 month low of $0.05 and a 12 month high of $0.14. The firm has a market cap of $142.61 million, a PE ratio of 5.08 and a beta of 1.40. The company has a current ratio of 2.20, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23.
About Cannabis Wheaton Income
Cannabis Wheaton Income Corp. is a Canada-based company that operates as a streaming and royalty partner to licensed cannabis producers. Rather than cultivating or processing plants itself, the company provides upfront capital to fund the construction and expansion of cultivation, extraction and manufacturing facilities. In return, Cannabis Wheaton receives a percentage of revenue or in-kind production from its partners’ future harvests, creating a predictable income stream without taking on operational cannabis risks.
The company’s portfolio spans a range of revenue-sharing and product-streaming agreements with multiple Health Canada-licensed producers.
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