MediPharm Labs Corp. (OTCMKTS:MEDIF – Get Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 17,636 shares, an increase of 1,668.9% from the July 30th total of 997 shares. Based on an average daily volume of 132,170 shares, the days-to-cover ratio is currently 0.1 days.
MediPharm Labs Stock Down 1.7%
Shares of OTCMKTS:MEDIF traded down $0.00 during midday trading on Tuesday, hitting $0.06. The company had a trading volume of 60,862 shares, compared to its average volume of 81,835. MediPharm Labs has a 12 month low of $0.04 and a 12 month high of $0.08. The firm has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.05.
MediPharm Labs Company Profile
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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