Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Short Interest Down 87.5% in May

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 100 shares, a drop of 87.5% from the May 15th total of 800 shares. Based on an average daily volume of 64,200 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Charlie’s Trading Up 0.7%

Shares of CHUC traded up $0.00 during mid-day trading on Friday, reaching $0.11. The company had a trading volume of 30,371 shares, compared to its average volume of 69,404. The stock has a market cap of $28.28 million, a price-to-earnings ratio of -10.88 and a beta of 0.98. Charlie’s has a fifty-two week low of $0.03 and a fifty-two week high of $0.20. The firm has a fifty day simple moving average of $0.09 and a 200-day simple moving average of $0.07.

Charlie’s (OTCMKTS:CHUC) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.01) EPS for the quarter. The business had revenue of $1.78 million during the quarter.

Charlie’s Company Profile

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.