Cannabix Technologies Inc. (OTCMKTS:BLOZF) Sees Large Increase in Short Interest

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 31,415 shares, an increase of 19,534.4% from the October 15th total of 160 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 213,612 shares, the days-to-cover ratio is currently 0.1 days.

Cannabix Technologies Stock Performance

Cannabix Technologies stock opened at $0.26 on Wednesday. The stock’s 50 day moving average price is $0.29 and its 200 day moving average price is $0.41. The firm has a market capitalization of $31.40 million, a PE ratio of -12.78 and a beta of 1.08. Cannabix Technologies has a one year low of $0.20 and a one year high of $0.68.

Cannabix Technologies (OTCMKTS:BLOZF) last issued its quarterly earnings data on Friday, August 28th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Cannabix Technologies

Cannabix Technologies Inc. is a Canadian technology company focused on developing breath-analysis systems designed to detect recent cannabis and drug use. Its primary product platform is the Cannabix Marijuana Breathalyzer, which is intended to identify THC in a breath sample and support roadside, workplace, and other safety-sensitive testing applications. The company’s technology is designed to collect and analyze breath using specialized sampling and detection methods. Cannabix has also developed related breath-testing platforms, including systems intended to detect other drugs and alcohol.