Charlie’s Holdings, Inc. (OTCMKTS:CHUC) Short Interest Up 182.9% in May

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 23,586 shares, an increase of 182.9% from the May 14th total of 8,336 shares. Based on an average daily trading volume, of 138,740 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Charlie’s Stock Down 17.1%

Shares of Charlie’s stock traded down $0.04 on Friday, reaching $0.20. 284,588 shares of the company were exchanged, compared to its average volume of 93,959. Charlie’s has a 1-year low of $0.08 and a 1-year high of $0.38. The company has a market cap of $55.14 million, a P/E ratio of 10.06 and a beta of 1.23. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.52 and a quick ratio of 0.43. The stock’s 50 day moving average price is $0.25 and its 200-day moving average price is $0.26.

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.