Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Sees Significant Decline in Short Interest

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 157,211 shares, a decline of 46.0% from the April 15th total of 291,228 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 909,110 shares, the days-to-cover ratio is currently 0.2 days.

Cannabis Wheaton Income Price Performance

CBWTF stock traded down $0.00 during trading on Friday, hitting $0.10. The company had a trading volume of 281,866 shares, compared to its average volume of 434,948. The company has a fifty day moving average price of $0.10 and a two-hundred day moving average price of $0.10. The company has a current ratio of 2.20, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23. The company has a market cap of $142.61 million, a P/E ratio of 5.08 and a beta of 1.40. Cannabis Wheaton Income has a fifty-two week low of $0.05 and a fifty-two week high of $0.14.

About Cannabis Wheaton Income

Cannabis Wheaton Income Corp. is a Canada-based company that operates as a streaming and royalty partner to licensed cannabis producers. Rather than cultivating or processing plants itself, the company provides upfront capital to fund the construction and expansion of cultivation, extraction and manufacturing facilities. In return, Cannabis Wheaton receives a percentage of revenue or in-kind production from its partners’ future harvests, creating a predictable income stream without taking on operational cannabis risks.

The company’s portfolio spans a range of revenue-sharing and product-streaming agreements with multiple Health Canada-licensed producers.