AXIM Biotechnologies, Inc. (OTCMKTS:AXIM – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 16,547 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 130,387 shares, the short-interest ratio is currently 0.1 days.
AXIM Biotechnologies Stock Performance
Shares of AXIM Biotechnologies stock opened at $0.01 on Monday. The company has a fifty day simple moving average of $0.01 and a 200-day simple moving average of $0.01. AXIM Biotechnologies has a 12-month low of $0.00 and a 12-month high of $0.03.
About AXIM Biotechnologies
AXIM Biotechnologies, Inc is a development-stage biotechnology company focused on the research, development and commercialization of cannabinoid-based technologies. The company’s primary objective is to advance formulations and delivery systems for cannabidiol (CBD) and other cannabinoids, targeting applications in nutraceuticals, skincare and medical devices. Through its proprietary encapsulation and atomization techniques, AXIM aims to enhance the bioavailability and stability of cannabinoid compounds for consumer and clinical use.
The company’s product pipeline includes novel CBD-infused nutraceuticals designed to promote general wellness, as well as specialized formulations for topical and inhalation delivery.
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