MediPharm Labs Corp. (OTCMKTS:MEDIF) Shares Shorted: Short Interest Up 91.3% in October

MediPharm Labs Corp. (OTCMKTS:MEDIF) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,907 shares, an increase of 91.3% from the September 30th total of 997 shares. Based on an average trading volume of 68,189 shares, the short-interest ratio is presently 0.0 days.

MediPharm Labs Stock Down 6.2%

Shares of OTCMKTS MEDIF traded down $0.00 during mid-day trading on Monday, hitting $0.05. The company’s stock had a trading volume of 4,824 shares, compared to its average volume of 73,237. MediPharm Labs has a one year low of $0.04 and a one year 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.

MediPharm Labs Company Profile

MediPharm Labs Corp. is a Canadian cannabis company specializing in the extraction, purification, formulation, and manufacturing of cannabis-derived products. The company provides contract manufacturing and white-label services to licensed cannabis producers, pharmaceutical companies, consumer packaged goods businesses, and other commercial partners.

Its capabilities include processing cannabis biomass into purified cannabis oils, concentrates, extracts, and active pharmaceutical ingredients, as well as formulating and packaging finished products.