Rubicon Organics Inc. (OTCMKTS:ROMJF) Shares Shorted: Short Interest Up 478.8% in October

Rubicon Organics Inc. (OTCMKTS:ROMJF) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 17,284 shares, an increase of 478.8% from the October 15th total of 2,986 shares. Based on an average daily volume of 46,348 shares, the short-interest ratio is presently 0.4 days.

Rubicon Organics Price Performance

Shares of Rubicon Organics stock traded down $0.01 on Wednesday, reaching $0.29. The company had a trading volume of 5,525 shares, compared to its average volume of 27,636. The firm’s 50-day moving average price is $0.32 and its two-hundred day moving average price is $0.34. Rubicon Organics has a 1 year low of $0.23 and a 1 year high of $0.44.

About Rubicon Organics

Rubicon Organics Inc. is a Canadian cannabis company focused on cultivating, processing and selling premium, organically grown cannabis. The company operates a licensed cultivation facility in Delta, British Columbia, where it produces cannabis intended for the adult-use recreational market. Rubicon’s product portfolio includes dried cannabis flower, pre-rolls, vaporizer products and other cannabis formats. Its brands include Simply Bare Organic, 1964 Supply Co. and Homestead Cannabis Co., which are positioned across premium and value-oriented segments of the Canadian cannabis market.