Short Interest in Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) Expands By 31.1%

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 168,700 shares, an increase of 31.1% from the February 28th total of 128,700 shares. Based on an average daily volume of 247,400 shares, the short-interest ratio is currently 0.7 days.

Charlotte’s Web Price Performance

Shares of CWBHF traded down $0.00 during mid-day trading on Wednesday, hitting $0.09. The company’s stock had a trading volume of 124,860 shares, compared to its average volume of 152,893. Charlotte’s Web has a 52-week low of $0.07 and a 52-week high of $0.27. The company’s 50-day moving average is $0.10 and its 200-day moving average is $0.12.

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.