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

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 66,141 shares, a decline of 93.0% from the August 31st total of 939,978 shares. Based on an average daily volume of 46,607 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.1% of the shares of the stock are sold short.

Cannabis Wheaton Income Price Performance

Shares of CBWTF stock traded down $0.07 during trading on Thursday, hitting $2.51. The company had a trading volume of 16,678 shares, compared to its average volume of 44,580. The stock’s 50-day moving average is $1.21 and its two-hundred day moving average is $0.49. The stock has a market capitalization of $259.62 million, a price-to-earnings ratio of 13.22 and a beta of 1.42. The company has a quick ratio of 1.35, a current ratio of 2.23 and a debt-to-equity ratio of 0.21. Cannabis Wheaton Income has a 52 week low of $1.06 and a 52 week high of $2.66.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last announced its earnings results on Thursday, August 13th. The company reported $0.05 earnings per share (EPS) for the quarter. Cannabis Wheaton Income had a net margin of 19.74% and a return on equity of 18.36%.

Cannabis Wheaton Income Company Profile

Cannabis Wheaton Income Corp. was a Canadian cannabis company that provided financing, operational support and other resources to licensed cannabis producers. Its business model was based in part on cannabis supply agreements, under which the company helped fund cultivation projects in exchange for rights to receive a portion of future production.

The company’s activities included supporting cannabis cultivation, processing and product development, with a focus on building a diversified supply network serving Canada’s medical and adult-use cannabis markets.