MediPharm Labs Corp. (OTCMKTS:MEDIF) Sees Significant Decrease in Short Interest

MediPharm Labs Corp. (OTCMKTS:MEDIFGet Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 997 shares, a decline of 92.7% from the July 15th total of 13,638 shares. Based on an average daily trading volume, of 168,076 shares, the days-to-cover ratio is currently 0.0 days.

MediPharm Labs Stock Performance

Shares of OTCMKTS MEDIF traded up $0.00 during trading on Tuesday, reaching $0.05. 133,521 shares of the company traded hands, compared to its average volume of 81,943. The firm has a 50 day simple moving average of $0.05 and a 200-day simple moving average of $0.05. MediPharm Labs has a 52-week low of $0.04 and a 52-week high of $0.08.

MediPharm Labs Company Profile

(Get Free Report)

MediPharm Labs Corporation is a Canada-based company focused on the extraction, formulation and manufacturing of pharmaceutical-grade cannabis products. Through proprietary processes and a GMP-compliant facility in Mississauga, Ontario, the company produces high-purity distillates, isolates and advanced formulations tailored to both medical and adult-use markets.

The company’s core offerings include THC and CBD distillates, crystalline isolates, softgel capsules, oral thin films and sterile injectable products.

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