Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Short Interest Update

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 18,744 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 87,425 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Charlie’s Trading Up 2.3%

CHUC stock traded up $0.00 during midday trading on Friday, hitting $0.22. The stock had a trading volume of 54,905 shares, compared to its average volume of 54,869. The firm has a market cap of $61.78 million, a P/E ratio of -22.02 and a beta of 1.33. The company has a current ratio of 1.65, a quick ratio of 0.40 and a debt-to-equity ratio of 0.69. Charlie’s has a 1-year low of $0.15 and a 1-year high of $0.38. The business has a fifty day moving average price of $0.21 and a two-hundred day moving average price of $0.24.

Charlie’s (OTCMKTS:CHUC) last posted its quarterly earnings data on Monday, August 17th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $3.80 million during the quarter. Charlie’s had a negative return on equity of 63.51% and a negative net margin of 7.47%.

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.