MediPharm Labs Corp. (OTCMKTS:MEDIF – Get Free Report) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 93,123 shares, an increase of 171.5% from the May 14th total of 34,298 shares. Based on an average trading volume of 106,498 shares, the days-to-cover ratio is presently 0.9 days.
MediPharm Labs Stock Up 0.2%
MEDIF traded up $0.00 on Friday, reaching $0.05. 14,386 shares of the company’s stock were exchanged, compared to its average volume of 84,600. The company’s 50 day moving average is $0.06 and its 200-day moving average is $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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