MediPharm Labs Corp. (OTCMKTS:MEDIF – Get Free Report) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 997 shares, a decline of 92.7% from the July 15th total of 13,638 shares. Based on an average daily volume of 168,076 shares, the short-interest ratio is presently 0.0 days.
MediPharm Labs Stock Up 1.3%
OTCMKTS:MEDIF traded up $0.00 on Tuesday, reaching $0.05. 133,521 shares of the stock traded hands, compared to its average volume of 81,943. MediPharm Labs has a 12 month low of $0.04 and a 12 month high of $0.08. The company’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.05.
About MediPharm Labs
MediPharm Labs Corporation is a Canada-based company focused on the extraction, formulation and manufacturing of pharmaceutical-grade cannabis products. Through proprietary processes and a GMP-compliant facility in Mississauga, Ontario, the company produces high-purity distillates, isolates and advanced formulations tailored to both medical and adult-use markets.
The company’s core offerings include THC and CBD distillates, crystalline isolates, softgel capsules, oral thin films and sterile injectable products.
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