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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 200 shares, a drop of 75.0% from the October 15th total of 800 shares. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is currently 0.0 days.

Cannabix Technologies Price Performance

Shares of OTCMKTS BLOZF traded down $0.02 during mid-day trading on Tuesday, hitting $0.29. The company had a trading volume of 227,975 shares, compared to its average volume of 117,923. The firm has a market cap of $33.56 million, a P/E ratio of -9.72 and a beta of 1.70. Cannabix Technologies has a 12 month low of $0.12 and a 12 month high of $0.64. The business’s 50-day simple moving average is $0.33 and its 200-day simple moving average is $0.37.

Cannabix Technologies (OTCMKTS:BLOZF) last issued its earnings results on Thursday, September 26th. The company reported ($0.01) earnings per share for the quarter.

Cannabix Technologies Company Profile

Cannabix Technologies Inc, a technology company, develops marijuana breathalyzer for employers, law enforcement, workplaces, and laboratories in the United States. It develops tetrahydrocannabinol breath analyzers, a point of care breath testing tool for the rapid detection of recent cannabis use; MS breath sampler; and contactless alcohol breathalyzer, as well as breath collection units.