CNBX Pharmaceuticals Inc. (OTCMKTS:CNBX – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 1 shares, a decline of 100.0% from the June 30th total of 283,205 shares. Based on an average daily volume of 92,742,631 shares, the short-interest ratio is presently 0.0 days.
CNBX Pharmaceuticals Price Performance
CNBX opened at $0.00 on Friday. CNBX Pharmaceuticals has a one year low of $0.00 and a one year high of $0.00.
About CNBX Pharmaceuticals
CNBX Pharmaceuticals Inc is a clinical-stage pharmaceutical company focused on the research and development of synthetic cannabinoid-based drug candidates. The company’s proprietary platform applies medicinal chemistry techniques to design novel small-molecule analogs of naturally occurring cannabinoids, aiming to improve efficacy and safety compared with existing therapies. Its pipeline includes multiple preclinical compounds targeting neuropathic and chronic pain, with a goal of advancing these candidates through IND-enabling studies.
Headquartered in Costa Mesa, California, CNBX Pharmaceuticals collaborates with contract research organizations and academic partners to conduct pharmacology and toxicology studies as well as scale up manufacturing processes.
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