Cannabix Technologies Inc. (OTCMKTS:BLOZF) Short Interest Update

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 29,566 shares, an increase of 510.6% from the May 14th total of 4,842 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 128,594 shares, the days-to-cover ratio is presently 0.2 days.

Cannabix Technologies Trading Up 4.7%

Shares of OTCMKTS BLOZF traded up $0.02 during midday trading on Friday, reaching $0.44. 50,155 shares of the stock were exchanged, compared to its average volume of 126,832. The company has a market capitalization of $54.03 million, a P/E ratio of -21.99 and a beta of 0.96. Cannabix Technologies has a 52-week low of $0.33 and a 52-week high of $0.68. The stock has a 50 day moving average price of $0.51 and a 200-day moving average price of $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.