Short Interest in CareRx Co. (OTCMKTS:CHHHF) Grows By 86.7%

CareRx Co. (OTCMKTS:CHHHF) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,800 shares, an increase of 86.7% from the June 15th total of 1,500 shares. Based on an average daily volume of 1,260 shares, the days-to-cover ratio is presently 2.2 days.

CareRx Stock Performance

Shares of OTCMKTS CHHHF remained flat at $2.40 during midday trading on Friday. 10,100 shares of the stock traded hands, compared to its average volume of 2,375. The firm’s 50 day moving average is $2.41 and its 200 day moving average is $2.63. CareRx has a 52-week low of $2.01 and a 52-week high of $2.89.

About CareRx

CareRx Corporation, together with its subsidiaries, provides pharmacy services to seniors homes and other congregate care settings in Canada. The company offers medication management, technology, and program solutions. It serves long-term care homes, retirement homes, assisted living facilities, and group homes. The company was formerly known as Centric Health Corporation and changed its name to CareRx Corporation in June 2020. CareRx Corporation was incorporated in 2001 and is based in Toronto, Canada.