Cannabix Technologies Inc. (OTCMKTS:BLOZF) Sees Significant Decrease in Short Interest

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 60 shares, a drop of 98.8% from the July 15th total of 5,093 shares. Based on an average daily volume of 75,842 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Cannabix Technologies Trading Up 1.7%

OTCMKTS:BLOZF traded up $0.01 on Tuesday, hitting $0.39. The company had a trading volume of 20,967 shares, compared to its average volume of 39,389. Cannabix Technologies has a 52 week low of $0.31 and a 52 week high of $0.68. The stock has a market capitalization of $47.50 million, a price-to-earnings ratio of -19.33 and a beta of 1.02. The firm has a 50 day moving average of $0.40 and a two-hundred day moving average of $0.45.

About Cannabix Technologies

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.