Short Interest in Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Drops By 45.0%

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 19,720 shares, a decline of 45.0% from the June 15th total of 35,834 shares. Based on an average daily volume of 63,281 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Charlie’s Stock Up 1.6%

OTCMKTS CHUC opened at $0.23 on Wednesday. The business has a fifty day moving average price of $0.24 and a two-hundred day moving average price of $0.26. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.52 and a quick ratio of 0.43. Charlie’s has a fifty-two week low of $0.09 and a fifty-two week high of $0.38. The stock has a market capitalization of $63.46 million, a PE ratio of 11.31 and a beta of 1.29.

About Charlie’s

Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes non-combustible nicotine-related, alternative alkaloid vapor, and hemp-derived vapor and edible products. It sells its products through distributors, specialty retailers, and third-party online resellers in the United States, the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.