Short Interest in Clever Leaves Holdings Inc. (NASDAQ:CLVRW) Drops By 63.7%

Clever Leaves Holdings Inc. (NASDAQ:CLVRW) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 3,700 shares, a decrease of 63.7% from the March 31st total of 10,200 shares. Based on an average daily volume of 15,200 shares, the short-interest ratio is presently 0.2 days.

Clever Leaves Price Performance

Shares of CLVRW remained flat at $0.03 on Friday. 2,800 shares of the company were exchanged, compared to its average volume of 18,253. Clever Leaves has a 12 month low of $0.01 and a 12 month high of $0.05. The company has a fifty day moving average of $0.04 and a two-hundred day moving average of $0.03.

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.