Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Short Interest Down 46.0% in April

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 157,211 shares, a decline of 46.0% from the April 15th total of 291,228 shares. Based on an average trading volume of 909,110 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Cannabis Wheaton Income Stock Performance

Shares of CBWTF stock opened at $0.10 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 2.20. Cannabis Wheaton Income has a 1 year low of $0.05 and a 1 year high of $0.14. The stock has a fifty day moving average of $0.10 and a two-hundred day moving average of $0.10. The firm has a market capitalization of $142.61 million, a PE ratio of 5.08 and a beta of 1.40.

Cannabis Wheaton Income Company Profile

Cannabis Wheaton Income Corp. is a Canada-based company that operates as a streaming and royalty partner to licensed cannabis producers. Rather than cultivating or processing plants itself, the company provides upfront capital to fund the construction and expansion of cultivation, extraction and manufacturing facilities. In return, Cannabis Wheaton receives a percentage of revenue or in-kind production from its partners’ future harvests, creating a predictable income stream without taking on operational cannabis risks.

The company’s portfolio spans a range of revenue-sharing and product-streaming agreements with multiple Health Canada-licensed producers.