Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 236,657 shares, a growth of 70.5% from the May 14th total of 138,765 shares. Based on an average daily volume of 552,477 shares, the days-to-cover ratio is currently 0.4 days.
Charlotte’s Web Stock Performance
Shares of CWBHF opened at $0.40 on Monday. Charlotte’s Web has a 12 month low of $0.08 and a 12 month high of $0.97. The firm has a fifty day simple moving average of $0.52 and a 200 day simple moving average of $0.49.
Charlotte’s Web Company Profile
Charlotte’s Web Holdings, Inc is a producer and distributor of hemp-derived wellness products, operating under the Charlotte’s Web brand name. The company specializes in full-spectrum cannabidiol (CBD) formulations sourced from proprietary hemp genetics and manufactured at its vertically integrated processing facilities in Colorado. Its product suite encompasses CBD oils, capsules, gummies, topicals and pet-specific formulations designed to support general well-being.
Originally founded in 2013 by the Stanley Brothers in Boulder, Colorado, Charlotte’s Web pioneered the consumer CBD market with an emphasis on quality, consistency and transparency.
Read More
- Five stocks we like better than Charlotte’s Web
- Meta to Follow Alphabet’s Footsteps? What an Equity Raise Could Mean
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
Receive News & Ratings for Charlotte's Web Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charlotte's Web and related companies with MarketBeat.com's FREE daily email newsletter.
