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

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

Cannabis Wheaton Income Stock Performance

OTCMKTS CBWTF traded down $0.07 during trading on Thursday, hitting $2.51. 16,678 shares of the company’s stock traded hands, compared to its average volume of 44,580. The stock has a market capitalization of $259.62 million, a price-to-earnings ratio of 13.22 and a beta of 1.42. Cannabis Wheaton Income has a 12-month low of $1.06 and a 12-month high of $2.66. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 2.23. The business has a 50 day moving average of $1.21 and a 200-day moving average of $0.49.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last posted its earnings results on Thursday, August 13th. The company reported $0.05 earnings per share 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.