Cannabix Technologies Inc. (OTCMKTS:BLOZF – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 42,321 shares, an increase of 295.0% from the April 15th total of 10,715 shares. Based on an average trading volume of 244,226 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
Cannabix Technologies Stock Up 0.0%
Cannabix Technologies stock opened at $0.52 on Friday. The company’s fifty day simple moving average is $0.51 and its 200-day simple moving average is $0.45. Cannabix Technologies has a 12 month low of $0.33 and a 12 month high of $0.68. The stock has a market cap of $63.68 million, a P/E ratio of -26.00 and a beta of 1.03.
About Cannabix Technologies
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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