Short Interest in cbdMD, Inc. (NYSEAMERICAN:YCBD) Declines By 17.8%

cbdMD, Inc. (NYSEAMERICAN:YCBD) was the recipient of a large decline in short interest in the month of 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 shares are sold short. Based on an average trading volume of 1,950,000 shares, the short-interest ratio is presently 0.2 days.

cbdMD Stock Performance

NYSEAMERICAN YCBD traded up $0.02 during trading on Wednesday, reaching $0.37. 592,319 shares of the stock traded hands, compared to its average volume of 2,647,598. cbdMD has a fifty-two week low of $0.31 and a fifty-two week 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.