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Charlotte's Web Holdings sees short interest rise, hinting at potential stock price decline.
Charlotte's Web Holdings, a company that produces hemp-derived CBD products, saw a 12.6% rise in short interest in January, with 97,500 shares shorted as of January 15th, up from 86,600 shares on December 31st.
The stock's short-interest ratio is 0.1 days, and its price ranged between $0.07 and $0.27 over the past year, with a current trading price around $0.11.
This increase suggests some investors expect the stock price to drop.
3 months ago
4 Articles