Short Interest in Cannabix Technologies Inc. (OTCMKTS:BLOZF) Expands By 11,790.0%

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 7,134 shares, an increase of 11,790.0% from the June 15th total of 60 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 166,196 shares, the days-to-cover ratio is presently 0.0 days.

Cannabix Technologies Price Performance

Shares of BLOZF traded down $0.00 during midday trading on Friday, reaching $0.43. 58,733 shares of the stock were exchanged, compared to its average volume of 85,526. Cannabix Technologies has a twelve month low of $0.31 and a twelve month high of $0.68. The company has a market capitalization of $52.48 million, a price-to-earnings ratio of -21.36 and a beta of 1.01. The business’s 50-day moving average price is $0.45 and its 200 day moving average price is $0.46.

Cannabix Technologies Company Profile

Cannabix Technologies Inc is a Canada-based developer of bio­sensor technologies focused on the rapid, non-invasive detection of cannabis impairment. The company’s flagship product is a handheld breathalyzer device designed to identify recent use of tetrahydrocannabinol (THC) within minutes of exhalation, offering law enforcement agencies, public safety organizations and workplace safety departments a potential tool to assess impairment in real time.

The Cannabix breathalyzer employs proprietary sensor arrays and on-board algorithms to distinguish THC molecules in breath samples, delivering results without the need for laboratory analysis.