Cannabix Technologies Inc. (OTCMKTS:BLOZF – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,842 shares, a decrease of 88.6% from the April 30th total of 42,321 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 127,489 shares, the days-to-cover ratio is presently 0.0 days.
Cannabix Technologies Price Performance
OTCMKTS:BLOZF opened at $0.47 on Friday. The stock has a market cap of $57.73 million, a P/E ratio of -23.50 and a beta of 1.03. Cannabix Technologies has a one year low of $0.33 and a one year high of $0.68. The company has a fifty day moving average price of $0.53 and a 200 day moving average price of $0.45.
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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