Short Interest in CV Sciences, Inc. (OTCMKTS:CVSI) Drops By 70.0%

CV Sciences, Inc. (OTCMKTS:CVSI) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 25,900 shares, a drop of 70.0% from the June 15th total of 86,300 shares. Based on an average trading volume of 641,900 shares, the days-to-cover ratio is currently 0.0 days.

CV Sciences Price Performance

OTCMKTS:CVSI remained flat at $0.05 during trading hours on Thursday. 234,946 shares of the company traded hands, compared to its average volume of 315,332. CV Sciences has a twelve month low of $0.03 and a twelve month high of $0.10. The company’s 50 day simple moving average is $0.06 and its 200-day simple moving average is $0.05. The firm has a market cap of $9.06 million, a P/E ratio of -2.41 and a beta of 0.61.

CV Sciences Company Profile

CV Sciences, Inc develops, manufactures, markets, and sells herbal supplements and hemp-based cannabidiol (CBD) in North America. It operates in two segments, Consumer Products and Specialty Pharmaceutical. The company offers its products under the PlusCBD, ProCBD, HappyLane, CVAcute, CVDefense, and PlusCBD Pet brands in the health care market sector, including nutraceutical, beauty care, specialty foods, and pet products through its websites, elect distributors, brick and mortar retailers, and select e-tailers.