Charlie’s Holdings, Inc. (OTCMKTS:CHUC – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 28,931 shares, a drop of 42.5% from the August 31st total of 50,334 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 218,510 shares, the days-to-cover ratio is presently 0.1 days.
Charlie’s Stock Up 0.9%
CHUC traded up $0.00 on Thursday, reaching $0.16. 35,744 shares of the company traded hands, compared to its average volume of 85,907. The company has a market cap of $43.88 million, a price-to-earnings ratio of -15.64 and a beta of 1.35. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.65 and a quick ratio of 0.40. The stock’s 50 day moving average price is $0.19 and its 200-day moving average price is $0.22. Charlie’s has a 52-week low of $0.14 and a 52-week high of $0.37.
Charlie’s (OTCMKTS:CHUC – Get Free Report) last released its earnings results on Monday, August 17th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company 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 develops and sells electronic nicotine products and related vaping products. Its offerings have included e-liquids, nicotine-salt formulations, disposable vaping devices and other products designed for adult consumers.
The company has marketed products under brands including Charlie’s Chalk Dust and Pachamama, with distribution through specialty retailers and other channels in the United States and selected international markets. Its business has been shaped by evolving regulatory requirements affecting the manufacture, marketing and sale of vaping and nicotine products.
Publicly available information about Charlie’s current operations, leadership and geographic reach is limited.
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