cbdMD, Inc. (NYSEAMERICAN:YCBD) Short Interest Down 17.8% in February

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

cbdMD Stock Performance

YCBD traded up $0.02 during trading hours on Wednesday, hitting $0.37. 592,319 shares of the company’s stock were exchanged, compared to its average volume of 2,647,598. cbdMD has a 1-year low of $0.31 and a 1-year 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.