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

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 128,700 shares, a decline of 18.3% from the February 13th total of 157,600 shares. Based on an average daily volume of 368,700 shares, the short-interest ratio is presently 0.3 days.

Charlotte’s Web Stock Up 4.3 %

Shares of OTCMKTS CWBHF traded up $0.00 during midday trading on Wednesday, reaching $0.10. The company’s stock had a trading volume of 48,606 shares, compared to its average volume of 166,020. Charlotte’s Web has a one year low of $0.07 and a one year high of $0.27. The company has a 50 day moving average price of $0.10 and a 200 day moving average price of $0.12.

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.