Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Shares Shorted: Short Interest Down 49.2% in October

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 13,006 shares, a decrease of 49.2% from the September 30th total of 25,596 shares. Based on an average daily trading volume, of 115,568 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Charlie’s Price Performance

Shares of CHUC stock opened at $0.14 on Friday. The stock has a 50 day moving average of $0.16 and a 200 day moving average of $0.23. The company has a current ratio of 1.65, a quick ratio of 0.40 and a debt-to-equity ratio of 0.69. The stock has a market cap of $40.71 million, a P/E ratio of -14.50 and a beta of 1.29. Charlie’s has a twelve month low of $0.01 and a twelve month high of $0.37.

Charlie’s (OTCMKTS:CHUC) last released its quarterly earnings data on Monday, August 17th. The company reported ($0.01) 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 is a consumer products company focused on the vaping and nicotine-products industry. The company has been associated with the development, manufacturing, marketing and distribution of electronic cigarettes, vapor products and e-liquids.

Its product portfolio has included flavored nicotine e-liquids and vapor devices sold under brands such as Charlie’s Chalk Dust and Pachamama. These products have been marketed through specialty retailers, distributors and other channels serving adult nicotine consumers.

Publicly available information about the company’s current operations, geographic reach and leadership is limited.