Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Sees Large Decline in Short Interest

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 7,639 shares, a decrease of 92.4% from the October 15th total of 100,948 shares. Based on an average trading volume of 38,804 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Cannabis Wheaton Income Stock Performance

CBWTF stock traded up $0.05 during midday trading on Tuesday, hitting $2.53. The stock had a trading volume of 19,253 shares, compared to its average volume of 42,052. The company has a current ratio of 2.23, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $260.96 million, a price-to-earnings ratio of 13.30 and a beta of 1.46. Cannabis Wheaton Income has a 52 week low of $1.06 and a 52 week high of $2.75. The stock has a 50-day simple moving average of $2.44 and a 200 day simple moving average of $0.74.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.05 earnings per share (EPS) for the quarter. Cannabis Wheaton Income had a net margin of 19.74% and a return on equity of 18.36%.

About Cannabis Wheaton Income

Cannabis Wheaton Income Corp. was a Canada-based cannabis company that provided capital, operational support and industry expertise to cannabis producers in exchange for rights to a portion of their future production. The company focused on developing a portfolio of cannabis cultivation and processing partnerships rather than operating solely as a traditional producer. Its business activities included financing cannabis projects, supporting cultivation and production infrastructure, and helping partner companies with commercialization and distribution.