Cannabix Technologies Inc. (OTCMKTS:BLOZF) Short Interest Update

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 29,566 shares, an increase of 510.6% from the May 14th total of 4,842 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 128,594 shares, the short-interest ratio is presently 0.2 days.

Cannabix Technologies Trading Up 2.4%

Shares of BLOZF stock traded up $0.01 during trading hours on Thursday, reaching $0.42. 13,340 shares of the company’s stock were exchanged, compared to its average volume of 127,252. Cannabix Technologies has a fifty-two week low of $0.33 and a fifty-two week high of $0.68. The stock’s 50 day moving average is $0.51 and its 200-day moving average is $0.46. The company has a market cap of $51.59 million, a price-to-earnings ratio of -21.00 and a beta of 0.96.

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.