Short Interest in CV Sciences, Inc. (OTCMKTS:CVSI) Drops By 61.9%

CV Sciences, Inc. (OTCMKTS:CVSI) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 6,360 shares, a drop of 61.9% from the May 14th total of 16,700 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,120,248 shares, the short-interest ratio is presently 0.0 days.

CV Sciences Stock Down 4.0%

Shares of OTCMKTS:CVSI traded down $0.00 during midday trading on Friday, hitting $0.02. The company had a trading volume of 1,118,517 shares, compared to its average volume of 953,500. CV Sciences has a 12 month low of $0.02 and a 12 month high of $0.10. The firm has a fifty day simple moving average of $0.03 and a 200 day simple moving average of $0.04.

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.