Cannabix Technologies Inc. (OTCMKTS:BLOZF) Sees Large Growth in Short Interest

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the recipient of a significant increase in short interest in the month of 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 shares of the company are sold short. Based on an average daily volume of 128,594 shares, the days-to-cover ratio is currently 0.2 days.

Cannabix Technologies Price Performance

Cannabix Technologies stock opened at $0.45 on Wednesday. The company has a market cap of $55.76 million, a PE ratio of -22.70 and a beta of 0.96. The company has a fifty day moving average price of $0.51 and a two-hundred day moving average price of $0.46. Cannabix Technologies has a 12 month low of $0.33 and a 12 month high of $0.68.

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.