Cannabix Technologies Inc. (OTCMKTS:BLOZF – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,240 shares, a growth of 3,633.3% from the August 15th total of 60 shares. Based on an average daily trading volume, of 112,835 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Cannabix Technologies Trading Up 3.8%
Cannabix Technologies stock traded up $0.01 during trading hours on Thursday, hitting $0.31. 72,391 shares of the stock traded hands, compared to its average volume of 106,965. Cannabix Technologies has a one year low of $0.27 and a one year high of $0.68. The company has a market cap of $38.01 million, a PE ratio of -15.47 and a beta of 1.01. The firm’s 50-day moving average price is $0.38 and its two-hundred day moving average price is $0.44.
Cannabix Technologies (OTCMKTS:BLOZF – Get Free Report) last released its earnings results on Friday, August 28th. The company reported ($0.01) EPS for the quarter.
Cannabix Technologies Company Profile
Cannabix Technologies Inc is a Canada-based developer of biosensor technologies focused on the rapid, non-invasive detection of cannabis impairment. The company’s flagship product is a handheld breathalyzer device designed to identify recent use of tetrahydrocannabinol (THC) within minutes of exhalation, offering law enforcement agencies, public safety organizations and workplace safety departments a potential tool to assess impairment in real time.
The Cannabix breathalyzer employs proprietary sensor arrays and on-board algorithms to distinguish THC molecules in breath samples, delivering results without the need for laboratory analysis.
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