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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 60 shares, a decline of 98.8% from the July 15th total of 5,093 shares. Based on an average daily trading volume, of 75,842 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Cannabix Technologies Stock Performance

BLOZF stock opened at $0.38 on Thursday. The company’s 50 day moving average price is $0.40 and its 200 day moving average price is $0.45. The firm has a market capitalization of $47.11 million, a price-to-earnings ratio of -19.18 and a beta of 1.02. Cannabix Technologies has a fifty-two week low of $0.31 and a fifty-two week high of $0.68.

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.