Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Sees Significant Drop in Short Interest

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 19,720 shares, a decline of 45.0% from the June 15th total of 35,834 shares. Based on an average daily volume of 63,281 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Charlie’s Stock Down 2.7%

Shares of OTCMKTS CHUC opened at $0.22 on Thursday. The company has a 50 day simple moving average of $0.24 and a 200-day simple moving average of $0.26. The company has a market capitalization of $61.72 million, a P/E ratio of 11.00 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.52 and a quick ratio of 0.43. Charlie’s has a 1 year low of $0.09 and a 1 year high of $0.38.

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. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.