Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Short Interest Update

Key Points

• Short interest in Cannabis Wheaton Income Corp. decreased by 23.2% in August, dropping from 220,200 shares to 169,200 shares.
• The company's market cap stands at $137.79 million with a current debt-to-equity ratio of 0.02 and a price-to-earnings ratio of 5.11.
• Cannabis Wheaton Income reported earnings of $0.01 per share for the quarter, with total revenue reaching $28.04 million.

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF - Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 169,200 shares, a decline of 23.2% from the August 15th total of 220,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,953,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,953,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Cannabis Wheaton Income Stock Performance

Shares of CBWTF stock traded up $0.00 on Friday, hitting $0.10. The company had a trading volume of 478,007 shares, compared to its average volume of 1,122,949. The firm has a market cap of $140.22 million, a P/E ratio of 5.20 and a beta of 1.33. The company has a 50-day moving average price of $0.11 and a 200-day moving average price of $0.08. The company has a quick ratio of 0.39, a current ratio of 0.76 and a debt-to-equity ratio of 0.02. Cannabis Wheaton Income has a twelve month low of $0.02 and a twelve month high of $0.13.

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

Cannabis Wheaton Income Company Profile

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.