Cannabix Technologies Inc. (OTCMKTS:BLOZF) Shares Shorted: Short Interest Up 19,534.4% in October

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 31,415 shares, a growth of 19,534.4% from the October 15th total of 160 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 213,612 shares, the days-to-cover ratio is presently 0.1 days.

Cannabix Technologies Stock Down 7.1%

Shares of OTCMKTS BLOZF traded down $0.02 during midday trading on Tuesday, hitting $0.26. The company had a trading volume of 91,778 shares, compared to its average volume of 110,110. Cannabix Technologies has a twelve month low of $0.20 and a twelve month high of $0.68. The firm has a market capitalization of $31.40 million, a price-to-earnings ratio of -12.78 and a beta of 1.08. The business has a 50-day simple moving average of $0.29 and a two-hundred day simple moving average of $0.41.

Cannabix Technologies (OTCMKTS:BLOZF) last posted its quarterly earnings results on Friday, August 28th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Cannabix Technologies Company Profile

Cannabix Technologies Inc. is a Canadian technology company focused on developing breath-analysis systems designed to detect recent cannabis and drug use. Its primary product platform is the Cannabix Marijuana Breathalyzer, which is intended to identify THC in a breath sample and support roadside, workplace, and other safety-sensitive testing applications. The company’s technology is designed to collect and analyze breath using specialized sampling and detection methods. Cannabix has also developed related breath-testing platforms, including systems intended to detect other drugs and alcohol.