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

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

Charlie’s Price Performance

Shares of CHUC stock opened at $0.22 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.40 and a current ratio of 1.65. The stock has a market cap of $61.78 million, a PE ratio of -22.02 and a beta of 1.33. The business’s fifty day moving average is $0.21 and its 200-day moving average is $0.24. Charlie’s has a 1 year low of $0.15 and a 1 year high of $0.38.

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

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.