Short Interest Worth Mentioning Today: After Reaching Milestone, Is CLS HOLDINGS USA INCORPORATED (OTCMKTS:CLSH)’s Short Interest Revealing Something?

November 29, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Worth Mentioning Today: After Reaching Milestone, Is CLS HOLDINGS USA INCORPORATED (OTCMKTS:CLSH)’s Short Interest Revealing Something?

The stock of CLS HOLDINGS USA INCORPORATED (OTCMKTS:CLSH) registered a decrease of 80.7% in short interest. CLSH’s total short interest was 1,100 shares in November as published by FINRA. Its down 80.7% from 5,700 shares, reported previously. The stock last traded at $0.55 per share. It is down 40.92% since May 2, 2016 and is downtrending. It has underperformed by 46.18% the S&P500.

CLS Holdings USA, Inc., is engaged in developing a method of extracting cannabinoids from cannabis plants and converting the resulting cannabinoid extracts into concentrates. The company has a market cap of $11.19 million. The Company’s concentrates include oils, waxes, edibles and shatter. It currently has negative earnings. These concentrates may be ingested in various ways, including through vaporization through electronic cigarettes , and used for a range of pharmaceutical and other purposes.

CLSH Company Profile

CLS Holdings USA, Inc., incorporated on March 31, 2011, is engaged in developing a method of extracting cannabinoids from cannabis plants and converting the resulting cannabinoid extracts into concentrates. The Company’s concentrates include oils, waxes, edibles and shatter. These concentrates may be ingested in various ways, including through vaporization through electronic cigarettes (e-cigarettes), and used for a range of pharmaceutical and other purposes. The Firm intends to monetize extraction method through the licensing of its methods and processes to others, as in the Colorado Arrangement; the processing of cannabis for others, and the purchase of cannabis and the processing and sale of cannabis-related products.

More news for CLS Holdings USA Inc (OTCMKTS:CLSH) were recently published by: Seekingalpha.com, which released: “Marijuana Stocks: The Biggest U.S. Reporting WINNERS Over The Past 12 Months …” on February 24, 2016. Nasdaq.com‘s article titled: “6 Best ETF Picks For Q2: Being Tactical About Growth, Income” and published on March 11, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Ellis Scott


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>