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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 60 shares, a drop of 99.8% from the May 31st total of 29,566 shares. Based on an average daily trading volume, of 180,268 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 Performance

BLOZF opened at $0.40 on Friday. Cannabix Technologies has a 52-week low of $0.33 and a 52-week high of $0.68. The stock has a market capitalization of $49.14 million, a PE ratio of -20.00 and a beta of 0.96. The stock’s 50 day moving average price is $0.48 and its 200-day moving average price is $0.46.

Cannabix Technologies Company Profile

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.