cbdMD, Inc. (NYSEAMERICAN:YCBD) Sees Large Drop in Short Interest

cbdMD, Inc. (NYSEAMERICAN:YCBD) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 459,800 shares, a decline of 17.8% from the January 31st total of 559,200 shares. Currently, 8.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,950,000 shares, the short-interest ratio is presently 0.2 days.

cbdMD Stock Performance

Shares of YCBD stock traded up $0.00 during trading hours on Friday, reaching $0.36. The company had a trading volume of 14,988 shares, compared to its average volume of 2,534,242. cbdMD has a 12 month low of $0.31 and a 12 month high of $1.34.

About cbdMD

cbdMD, Inc produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, hempMD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, drink mixes, and sleep, focus, and calming aids.