Cannabix Technologies Inc. (OTCMKTS:BLOZF) Shares Shorted: Short Interest Up 19,534.4% in October

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 31,415 shares, an increase of 19,534.4% from the October 15th total of 160 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 213,612 shares, the days-to-cover ratio is currently 0.1 days.

Cannabix Technologies Trading Down 7.1%

OTCMKTS:BLOZF traded down $0.02 on Tuesday, reaching $0.26. The stock had a trading volume of 91,778 shares, compared to its average volume of 110,110. The company has a 50-day moving average of $0.29 and a 200 day moving average of $0.41. The stock has a market cap of $31.40 million, a P/E ratio of -12.78 and a beta of 1.08. Cannabix Technologies has a 12-month low of $0.20 and a 12-month high of $0.68.

Cannabix Technologies (OTCMKTS:BLOZF) last announced its earnings results on Friday, August 28th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Cannabix Technologies Company Profile

Cannabix Technologies Inc. is a Canadian technology company focused on developing breath-analysis systems designed to detect recent cannabis and drug use. Its primary product platform is the Cannabix Marijuana Breathalyzer, which is intended to identify THC in a breath sample and support roadside, workplace, and other safety-sensitive testing applications. The company’s technology is designed to collect and analyze breath using specialized sampling and detection methods. Cannabix has also developed related breath-testing platforms, including systems intended to detect other drugs and alcohol.