cbdMD, Inc. (NYSEAMERICAN:YCBD) Short Interest Update

cbdMD, Inc. (NYSEAMERICAN:YCBD) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 206,000 shares, a decrease of 26.6% from the October 31st total of 280,800 shares. Based on an average daily volume of 113,500 shares, the days-to-cover ratio is currently 1.8 days. Approximately 6.6% of the company’s shares are short sold.

cbdMD Trading Up 0.9 %

cbdMD stock traded up $0.00 during mid-day trading on Friday, hitting $0.49. 59,903 shares of the company’s stock were exchanged, compared to its average volume of 158,713. cbdMD has a fifty-two week low of $0.42 and a fifty-two week high of $1.73. The company has a quick ratio of 0.52, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

cbdMD Company Profile

cbdMD, Inc produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, hempMD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, drink mixes, and sleep, focus, and calming aids.