Short Interest in cbdMD, Inc. (NYSEAMERICAN:YCBD) Drops By 26.6%

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

cbdMD Trading Up 1.0 %

Shares of NYSEAMERICAN YCBD traded up $0.01 during midday trading on Friday, reaching $0.49. The company had a trading volume of 59,903 shares, compared to its average volume of 151,128. cbdMD has a 1 year low of $0.42 and a 1 year high of $1.73. The company has a current ratio of 0.93, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. The stock has a market cap of $1.85 million, a P/E ratio of -0.04 and a beta of 1.99.

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.