MediPharm Labs Corp. (OTCMKTS:MEDIF – Get Free Report) saw a large increase in short interest in 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 daily trading volume, of 68,189 shares, the short-interest ratio is presently 0.0 days.
MediPharm Labs Stock Performance
OTCMKTS:MEDIF opened at $0.05 on Friday. The business has a 50 day moving average of $0.05 and a 200 day moving average of $0.05. MediPharm Labs has a 1-year low of $0.04 and a 1-year high of $0.08.
MediPharm Labs Company Profile
MediPharm Labs Corp. is a Canadian cannabis company focused on extraction, purification, formulation, and contract manufacturing. Rather than primarily selling cannabis directly to consumers, the company provides business-to-business services and products for licensed cannabis producers, pharmaceutical companies, and other commercial partners.
Its operations include processing cannabis biomass into purified cannabis oils and concentrates, developing cannabinoid formulations, and manufacturing products such as vape oils, oral formulations, and other cannabis-based products.
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