MediPharm Labs Corp. (OTCMKTS:MEDIF) Sees Large Growth in Short Interest

MediPharm Labs Corp. (OTCMKTS:MEDIF) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 83,700 shares, a growth of 128.1% from the August 15th total of 36,700 shares. Based on an average daily trading volume, of 242,600 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 242,600 shares, the days-to-cover ratio is currently 0.3 days.

MediPharm Labs Stock Down 1.7%

Shares of OTCMKTS MEDIF traded down $0.00 during midday trading on Monday, reaching $0.05. The company’s stock had a trading volume of 5,529 shares, compared to its average volume of 124,975. The company has a 50 day moving average price of $0.05 and a 200 day moving average price of $0.06. MediPharm Labs has a one year low of $0.04 and a one year high of $0.09.

MediPharm Labs Company Profile

MediPharm Labs Corp., a pharmaceutical company, engages in the production and sale of purified, pharmaceutical-quality cannabis extracts, concentrates, active pharmaceutical ingredients, and advanced derivative products in Canada, Australia, Germany, and internationally. The company formulates, processes, packages, and distributes cannabis active ingredients and advanced cannabinoid-based products.