CV Sciences, Inc. (OTCMKTS:CVSI – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 157,443 shares, an increase of 357.3% from the June 15th total of 34,432 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,363,287 shares, the days-to-cover ratio is presently 0.1 days.
CV Sciences Price Performance
Shares of CVSI traded down $0.00 during mid-day trading on Monday, hitting $0.02. 18,338 shares of the company’s stock traded hands, compared to its average volume of 962,149. The business’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.04. CV Sciences has a 1 year low of $0.01 and a 1 year high of $0.10.
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.
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