CV Sciences, Inc. (OTCMKTS:CVSI – Get Free Report) was the target 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. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,363,287 shares, the short-interest ratio is currently 0.1 days.
CV Sciences Stock Performance
OTCMKTS:CVSI opened at $0.02 on Tuesday. The business has a 50 day simple moving average of $0.03 and a 200 day simple moving average of $0.04. CV Sciences has a 12-month low of $0.01 and a 12-month 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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