Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Sees Large Decrease in Short Interest

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 66,141 shares, a decrease of 93.0% from the August 31st total of 939,978 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 46,607 shares, the days-to-cover ratio is currently 1.4 days.

Cannabis Wheaton Income Stock Performance

Shares of Cannabis Wheaton Income stock traded down $0.02 during trading on Friday, hitting $2.49. 7,432 shares of the stock were exchanged, compared to its average volume of 44,365. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 2.23. Cannabis Wheaton Income has a 12 month low of $1.06 and a 12 month high of $2.66. The stock’s fifty day moving average is $1.21 and its 200 day moving average is $0.49. The stock has a market cap of $257.24 million, a PE ratio of 13.10 and a beta of 1.42.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last posted its earnings results on Thursday, August 13th. The company reported $0.05 EPS for the quarter. Cannabis Wheaton Income had a net margin of 19.74% and a return on equity of 18.36%.

About Cannabis Wheaton Income

Cannabis Wheaton Income Corp. was a Canadian cannabis company that provided financing, operational support and other resources to licensed cannabis producers. Its business model was based in part on cannabis supply agreements, under which the company helped fund cultivation projects in exchange for rights to receive a portion of future production.

The company’s activities included supporting cannabis cultivation, processing and product development, with a focus on building a diversified supply network serving Canada’s medical and adult-use cannabis markets.