cbdMD, Inc. (NYSEAMERICAN:YCBD) Short Interest Down 26.6% in November

cbdMD, Inc. (NYSEAMERICAN:YCBD) was the recipient of a significant decrease in short interest in the month of 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. Approximately 6.6% of the company’s shares are sold short. Based on an average daily volume of 113,500 shares, the days-to-cover ratio is currently 1.8 days.

cbdMD Stock Performance

Shares of cbdMD stock traded up $0.01 during mid-day trading on Friday, hitting $0.49. The stock had a trading volume of 59,903 shares, compared to its average volume of 151,128. cbdMD has a 12-month low of $0.42 and a 12-month high of $1.73. The stock has a market cap of $1.85 million, a price-to-earnings ratio of -0.04 and a beta of 1.99. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.52.

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.