CV Sciences, Inc. (OTCMKTS:CVSI) Sees Significant Decline in Short Interest

CV Sciences, Inc. (OTCMKTS:CVSIGet Free Report) was the recipient of a large drop in short interest in 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. Based on an average trading volume of 1,120,248 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

CV Sciences Trading Down 4.0%

Shares of OTCMKTS:CVSI opened at $0.02 on Friday. CV Sciences has a 12 month low of $0.02 and a 12 month high of $0.10. The company’s fifty day moving average price is $0.03 and its 200 day moving average price is $0.04.

CV Sciences Company Profile

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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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