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

Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Rating) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a drop of 87.5% from the March 15th total of 800 shares. Based on an average daily volume of 37,600 shares, the days-to-cover ratio is currently 0.0 days.

Shares of CHUC traded up $0.01 during mid-day trading on Tuesday, hitting $0.10. 33,874 shares of the company’s stock were exchanged, compared to its average volume of 23,616. Charlie’s has a 52 week low of $0.07 and a 52 week high of $0.89. The stock’s 50-day simple moving average is $0.09 and its 200-day simple moving average is $0.13. The company has a quick ratio of 0.65, a current ratio of 1.10 and a debt-to-equity ratio of 0.31.

Charlie’s Company Profile (Get Rating)

Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes e-cigarette liquids and vaping systems in the United States and internationally. The company also offers energy drink under the Bazi brand name. It sells its products through distributors, specialty retailers, and third-party online resellers to approximately 80 countries, primarily, including the United Kingdom, Italy, Spain, Belgium, Australia, Sweden, and Canada.

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