Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) Sees Significant Increase in Short Interest

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 168,700 shares, an increase of 31.1% from the February 28th total of 128,700 shares. Based on an average trading volume of 247,400 shares, the days-to-cover ratio is currently 0.7 days.

Charlotte’s Web Price Performance

OTCMKTS CWBHF opened at $0.09 on Tuesday. The company has a 50 day simple moving average of $0.10 and a 200-day simple moving average of $0.12. Charlotte’s Web has a 52-week low of $0.07 and a 52-week high of $0.27.

About Charlotte’s Web

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.