Short Interest in CV Sciences, Inc. (OTCMKTS:CVSI) Expands By 1,547.0%
by Tristan Rich · The Markets DailyCV Sciences, Inc. (OTCMKTS:CVSI – Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 255,957 shares, an increase of 1,547.0% from the November 30th total of 15,541 shares. Based on an average trading volume of 587,208 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 587,208 shares, the days-to-cover ratio is presently 0.4 days.
CV Sciences Price Performance
CVSI traded up $0.01 during trading on Wednesday, hitting $0.06. The company’s stock had a trading volume of 592,762 shares, compared to its average volume of 1,132,478. CV Sciences has a twelve month low of $0.02 and a twelve month high of $0.10. The firm’s 50 day moving average price is $0.03 and its 200-day moving average price is $0.04. The company has a current ratio of 1.07, a quick ratio of 0.21 and a debt-to-equity ratio of 0.33.
About CV Sciences
CV Sciences, Inc is a developer, manufacturer and marketer of hemp-derived products, with a focus on cannabidiol (CBD) formulations for both consumer and industrial applications. The company’s consumer segment offers a range of dietary supplements, topical creams, personal care items and pet products under its flagship PlusCBD™ Oil brand, while its industrial segment provides hemp-derived ingredients for use in wellness, pharmaceutical and cosmetic formulations.
Headquartered in San Diego, California, CV Sciences operates a manufacturing facility in El Cajon that oversees cultivation partnerships, extraction, refinement and product formulation.