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

CV Sciences, Inc. (OTCMKTS:CVSI) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 14,803 shares, a decline of 75.4% from the December 31st total of 60,091 shares. Based on an average trading volume of 1,035,303 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,035,303 shares, the days-to-cover ratio is currently 0.0 days.

CV Sciences Stock Up 5.2%

OTCMKTS CVSI traded up $0.00 on Wednesday, reaching $0.04. 84,410 shares of the stock traded hands, compared to its average volume of 489,178. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.21 and a current ratio of 1.07. The firm’s fifty day simple moving average is $0.04 and its 200 day simple moving average is $0.04. CV Sciences has a 12 month low of $0.02 and a 12 month 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.