Short Interest in Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Decreases By 94.0%

Key Points

• Short interest in Cannabis Wheaton Income Corp. significantly decreased by 94.0%, dropping from 2,793,900 shares to 167,400 shares as of July 31st.
• The stock price of Cannabis Wheaton Income is currently stable at $0.12, with a 12-month range between $0.02 and $0.13.
• Cannabis Wheaton Income reported an earnings per share (EPS) of $0.01 for the last quarter, with a net margin of 16.56% and a return on equity of 18.53%.

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF - Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 167,400 shares, adropof94.0% from the July 15th total of 2,793,900 shares. Based on an average trading volume of 1,689,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately0.0% of the company's shares are sold short. Approximately0.0% of the company's shares are sold short. Based on an average trading volume of 1,689,500 shares, the days-to-cover ratio is presently 0.1 days.

Cannabis Wheaton Income Price Performance

Cannabis Wheaton Income stock remained flat at $0.12 during midday trading on Thursday. 1,986,822 shares of the company traded hands, compared to its average volume of 1,158,637. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.68 and a quick ratio of 0.34. The stock has a market capitalization of $163.99 million, a PE ratio of 12.21 and a beta of 1.12. The firm has a 50 day moving average price of $0.09 and a two-hundred day moving average price of $0.07. 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 released its quarterly earnings data on Thursday, August 14th. The company reported $0.01 EPS for the quarter. Cannabis Wheaton Income had a net margin of 16.56% and a return on equity of 18.53%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.