MediPharm Labs Corp. (OTCMKTS:MEDIF – Get Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 13,638 shares, a drop of 96.0% from the June 30th total of 341,209 shares. Based on an average daily volume of 96,017 shares, the days-to-cover ratio is currently 0.1 days.
MediPharm Labs Price Performance
OTCMKTS MEDIF traded up $0.00 on Friday, hitting $0.06. 100,348 shares of the company were exchanged, compared to its average volume of 82,309. MediPharm Labs has a twelve month low of $0.04 and a twelve month high of $0.08. The company’s 50 day moving average price is $0.05 and its 200-day moving average price is $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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