Short Interest in Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) Rises By 7.1%

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 89,400 shares, a growth of 7.1% from the September 30th total of 83,500 shares. Based on an average trading volume of 303,200 shares, the days-to-cover ratio is presently 0.3 days.

Charlotte’s Web Stock Down 4.5 %

Shares of CWBHF traded down $0.01 during trading hours on Wednesday, reaching $0.14. The stock had a trading volume of 211,620 shares, compared to its average volume of 208,828. Charlotte’s Web has a 12 month low of $0.12 and a 12 month high of $0.29. The company’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.16.

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.