cbdMD, Inc. (NYSEAMERICAN:YCBD) Short Interest Update

cbdMD, Inc. (NYSEAMERICAN:YCBD) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 206,000 shares, a decline of 26.6% from the October 31st total of 280,800 shares. Based on an average daily trading volume, of 113,500 shares, the days-to-cover ratio is presently 1.8 days. Currently, 6.6% of the company’s stock are sold short.

cbdMD Stock Performance

NYSEAMERICAN YCBD traded up $0.00 on Friday, reaching $0.49. The stock had a trading volume of 59,903 shares, compared to its average volume of 158,713. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.52 and a current ratio of 0.93. cbdMD has a 1 year low of $0.42 and a 1 year high of $1.73.

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.