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

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 25,300 shares, a decrease of 73.7% from the September 30th total of 96,200 shares. Based on an average daily trading volume, of 319,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 319,400 shares, the short-interest ratio is presently 0.1 days.

Charlie’s Trading Up 2.9%

Shares of OTCMKTS CHUC opened at $0.25 on Tuesday. The company’s 50 day simple moving average is $0.29 and its 200 day simple moving average is $0.17. Charlie’s has a fifty-two week low of $0.03 and a fifty-two week high of $0.38. The firm has a market capitalization of $67.67 million, a P/E ratio of 25.04 and a beta of 1.16. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.61 and a quick ratio of 0.61.

Charlie’s (OTCMKTS:CHUC) last announced its quarterly earnings data on Thursday, August 21st. The company reported $0.02 earnings per share for the quarter. Charlie’s had a net margin of 19.36% and a negative return on equity of 174.49%. The business had revenue of $2.54 million for the quarter.

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.