Short Interest in Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Increases By 31.5%

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 220,200 shares, a growth of 31.5% from the July 31st total of 167,400 shares. Based on an average daily trading volume, of 2,346,700 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 2,346,700 shares, the short-interest ratio is presently 0.1 days.

Cannabis Wheaton Income Price Performance

Shares of CBWTF opened at $0.10 on Thursday. Cannabis Wheaton Income has a fifty-two week low of $0.02 and a fifty-two week high of $0.13. The company has a market capitalization of $140.49 million, a price-to-earnings ratio of 5.21 and a beta of 1.33. The firm has a 50-day simple moving average of $0.11 and a 200-day simple moving average of $0.08. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.39 and a current ratio of 0.76.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last announced its earnings results on Thursday, August 14th. The company reported $0.01 earnings per share for the quarter. Cannabis Wheaton Income had a net margin of 19.99% and a return on equity of 22.52%. The business had revenue of $28.04 million during the quarter.

About Cannabis Wheaton Income

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names.