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

Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Rating) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 16,500 shares, a decrease of 6.3% from the February 13th total of 17,600 shares. Based on an average trading volume of 104,400 shares, the short-interest ratio is currently 0.2 days.

Charlie’s Stock Performance

CHUC opened at $0.10 on Wednesday. The stock’s 50-day moving average price is $0.11 and its 200 day moving average price is $0.11. Charlie’s has a 12-month low of $0.06 and a 12-month high of $0.30. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.55 and a quick ratio of 0.57.

About Charlie’s

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Charlies Holdings, Inc offers nicotine-only, e-cigarette and hemp-derived, CBD wellness liquid spaces through its subsidiary companies, Charlie’s Chalk Dust LLC and Don Polly LLC. It offers its products under the Pachamama and Charlie’s Chalk Dust brands. The company was founded by Brandon Stump and Ryan Stump in January 2001 and is headquartered in Costa Mesa, CA.

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