Short Interest in Cannabix Technologies Inc. (OTCMKTS:BLOZF) Drops By 65.4%

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 14,500 shares, a drop of 65.4% from the January 31st total of 41,900 shares. Based on an average daily volume of 142,100 shares, the days-to-cover ratio is currently 0.1 days.

Cannabix Technologies Stock Performance

Cannabix Technologies stock traded down $0.02 during trading hours on Friday, reaching $0.30. 66,264 shares of the company’s stock traded hands, compared to its average volume of 107,025. Cannabix Technologies has a fifty-two week low of $0.15 and a fifty-two week high of $0.64. The firm has a market capitalization of $34.54 million, a price-to-earnings ratio of -15.00 and a beta of 1.84. The firm’s 50 day moving average is $0.30 and its 200-day moving average is $0.31.

Cannabix Technologies Company Profile

Cannabix Technologies Inc, a technology company, develops marijuana breathalyzer for employers, law enforcement, workplaces, and laboratories in the United States. It develops tetrahydrocannabinol breath analyzers, a point of care breath testing tool for the rapid detection of recent cannabis use; MS breath sampler; and contactless alcohol breathalyzer, as well as breath collection units.