Short Interest in Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Expands By 2,281.3%

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 6,096 shares, an increase of 2,281.3% from the April 15th total of 256 shares. Based on an average daily volume of 720,434 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Charlie’s Trading Up 0.4%

Charlie’s stock traded up $0.00 during mid-day trading on Monday, hitting $0.27. 114,304 shares of the stock were exchanged, compared to its average volume of 240,354. The company has a quick ratio of 0.53, a current ratio of 1.41 and a debt-to-equity ratio of 0.04. Charlie’s has a 12 month low of $0.08 and a 12 month high of $0.38. The firm’s fifty day simple moving average is $0.27 and its two-hundred day simple moving average is $0.25. The stock has a market capitalization of $74.31 million, a price-to-earnings ratio of 27.13 and a beta of 1.25.

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.