Short Interest in Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) Drops By 22.1%

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 131,400 shares, a decline of 22.1% from the March 15th total of 168,700 shares. Based on an average daily trading volume, of 177,600 shares, the days-to-cover ratio is presently 0.7 days.

Charlotte’s Web Trading Down 2.6 %

Shares of OTCMKTS CWBHF traded down $0.00 during trading on Friday, reaching $0.09. The company had a trading volume of 42,582 shares, compared to its average volume of 205,035. Charlotte’s Web has a 12 month low of $0.05 and a 12 month high of $0.26. The company’s fifty day moving average price is $0.09 and its 200-day moving average price is $0.11.

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.