CV Sciences, Inc. (OTCMKTS:CVSI) Sees Large Increase in Short Interest

CV Sciences, Inc. (OTCMKTS:CVSI) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 44,566 shares, an increase of 600.7% from the February 12th total of 6,360 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 4,555,419 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 4,555,419 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

CV Sciences Stock Performance

Shares of OTCMKTS:CVSI traded up $0.00 during midday trading on Wednesday, hitting $0.05. 699,427 shares of the stock were exchanged, compared to its average volume of 1,230,479. CV Sciences has a twelve month low of $0.02 and a twelve month high of $0.10. The company has a 50 day moving average price of $0.05 and a 200-day moving average price of $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.