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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 60 shares, a drop of 97.3% from the August 31st total of 2,240 shares. Based on an average daily trading volume, of 186,089 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Cannabix Technologies Stock Down 0.8%

Shares of BLOZF stock traded down $0.00 during trading hours on Thursday, reaching $0.29. 53,065 shares of the stock traded hands, compared to its average volume of 106,560. Cannabix Technologies has a 1-year low of $0.23 and a 1-year high of $0.68. The business has a fifty day moving average price of $0.35 and a 200 day moving average price of $0.43. The firm has a market capitalization of $35.35 million, a PE ratio of -14.39 and a beta of 1.01.

Cannabix Technologies (OTCMKTS:BLOZF) last posted its quarterly earnings data on Friday, August 28th. The company reported ($0.01) EPS for the quarter.

Cannabix Technologies Company Profile

Cannabix Technologies Inc is a Canadian technology company focused on developing breath-based drug-screening systems. Its primary product initiative is the Cannabix Marijuana Breathalyzer, designed to detect recent cannabis use by identifying tetrahydrocannabinol (THC) in a breath sample.

The company’s technology is intended for potential use by law enforcement, workplaces, and other organizations seeking a portable method for screening cannabis impairment or recent consumption. Cannabix has described its systems as incorporating specialized breath-sampling and analytical technologies, although product development and commercialization remain subject to testing, validation, and applicable regulatory requirements.

Cannabix Technologies was established in the mid-2010s and is headquartered in Vancouver, British Columbia.