CV Sciences, Inc. (OTCMKTS:CVSI) Sees Large Growth in Short Interest

CV Sciences, Inc. (OTCMKTS:CVSI) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 63,318 shares, an increase of 895.6% from the July 30th total of 6,360 shares. Based on an average daily volume of 324,215 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

CV Sciences Price Performance

CVSI traded down $0.00 during trading on Tuesday, hitting $0.02. The stock had a trading volume of 634,723 shares, compared to its average volume of 401,290. The stock has a 50 day simple moving average of $0.02 and a two-hundred day simple moving average of $0.03. CV Sciences has a twelve month low of $0.01 and a twelve 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.