CLS Holdings USA, Inc. (OTCMKTS:CLSH) Sees Large Drop in Short Interest

CLS Holdings USA, Inc. (OTCMKTS:CLSH) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 70,300 shares, a decrease of 7.1% from the August 15th total of 75,700 shares. Based on an average daily trading volume, of 29,600 shares, the days-to-cover ratio is currently 2.4 days.

CLS Holdings USA Price Performance

Shares of OTCMKTS CLSH remained flat at $0.04 during midday trading on Tuesday. 50 shares of the stock were exchanged, compared to its average volume of 79,464. The stock’s 50-day simple moving average is $0.04 and its 200 day simple moving average is $0.05. CLS Holdings USA has a 1-year low of $0.03 and a 1-year high of $0.07.

About CLS Holdings USA

CLS Holdings USA, Inc, a diversified cannabis company, focuses on the extraction and conversion of cannabinoids in the United States. It extracts cannabinoids from the cannabis plants and converts into concentrates, that includes oils, waxes, edibles, and shatters; and provides toll processing services.