Short Interest in CNBX Pharmaceuticals Inc. (OTCMKTS:CNBX) Decreases By 100.0%

CNBX Pharmaceuticals Inc. (OTCMKTS:CNBX) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 1 shares, a drop of 100.0% from the June 30th total of 283,205 shares. Based on an average trading volume of 92,742,631 shares, the short-interest ratio is presently 0.0 days.

CNBX Pharmaceuticals Stock Performance

CNBX traded up $0.00 during trading hours on Friday, hitting $0.00. The company’s stock had a trading volume of 12,009,403 shares, compared to its average volume of 33,205,117. CNBX Pharmaceuticals has a fifty-two week low of $0.00 and a fifty-two week high of $0.00.

CNBX Pharmaceuticals Company Profile

CNBX Pharmaceuticals Inc is a clinical-stage pharmaceutical company focused on the research and development of synthetic cannabinoid-based drug candidates. The company’s proprietary platform applies medicinal chemistry techniques to design novel small-molecule analogs of naturally occurring cannabinoids, aiming to improve efficacy and safety compared with existing therapies. Its pipeline includes multiple preclinical compounds targeting neuropathic and chronic pain, with a goal of advancing these candidates through IND-enabling studies.

Headquartered in Costa Mesa, California, CNBX Pharmaceuticals collaborates with contract research organizations and academic partners to conduct pharmacology and toxicology studies as well as scale up manufacturing processes.