MediPharm Labs Corp. (OTCMKTS:MEDIF – Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 341,209 shares, an increase of 382.8% from the June 15th total of 70,680 shares. Based on an average daily trading volume, of 197,013 shares, the days-to-cover ratio is currently 1.7 days.
MediPharm Labs Stock Down 1.0%
OTCMKTS:MEDIF traded down $0.00 during mid-day trading on Monday, hitting $0.05. The stock had a trading volume of 995 shares, compared to its average volume of 81,681. The stock has a 50-day simple moving average of $0.06 and a two-hundred day simple moving average of $0.05. MediPharm Labs has a twelve month low of $0.04 and a twelve month high of $0.08.
About MediPharm Labs
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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