Clever Leaves Holdings Inc. (NASDAQ:CLVR) Short Interest Down 47.3% in April

Clever Leaves Holdings Inc. (NASDAQ:CLVR) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 10,600 shares, a decrease of 47.3% from the March 31st total of 20,100 shares. Based on an average daily volume of 18,900 shares, the short-interest ratio is presently 0.6 days.

Clever Leaves Price Performance

Shares of CLVR stock traded up $0.24 during trading hours on Friday, hitting $4.11. The company had a trading volume of 25,536 shares, compared to its average volume of 21,975. The firm has a market capitalization of $7.19 million, a price-to-earnings ratio of -0.36 and a beta of 1.54. Clever Leaves has a 12 month low of $1.72 and a 12 month high of $9.60. The firm’s fifty day moving average is $4.22 and its 200 day moving average is $3.13. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.63 and a current ratio of 2.40.

Clever Leaves (NASDAQ:CLVR) last released its quarterly earnings results on Monday, April 1st. The company reported ($2.96) EPS for the quarter. The business had revenue of $4.64 million for the quarter. Clever Leaves had a negative return on equity of 63.32% and a negative net margin of 102.77%.

About Clever Leaves

Clever Leaves Holdings Inc operates in the botanical cannabinoid and nutraceutical industries. The company operates through two segments, Cannabinoid and Non-Cannabinoid. The Cannabinoid segment cultivates, extracts, manufactures, commercializes, and distributes cannabinoid products comprising cannabis flowers, cannabidiol isolates, full spectrum and standardized extracts, and dry smokable flowers internationally.