CV Sciences, Inc. (OTCMKTS:CVSI) Short Interest Update

CV Sciences, Inc. (OTCMKTS:CVSI) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 157,443 shares, a growth of 357.3% from the June 15th total of 34,432 shares. Based on an average trading volume of 2,363,287 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

CV Sciences Trading Up 3.2%

Shares of CVSI stock traded up $0.00 during midday trading on Friday, hitting $0.02. The company had a trading volume of 84,183 shares, compared to its average volume of 986,438. The company’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.04. CV Sciences has a 52-week low of $0.01 and a 52-week high of $0.10.

CV Sciences Company Profile

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.