Cannabix Technologies Inc. (OTCMKTS:BLOZF) Short Interest Update

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 60 shares, a drop of 97.3% from the August 31st total of 2,240 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 186,089 shares, the days-to-cover ratio is currently 0.0 days.

Cannabix Technologies Trading Down 6.3%

Shares of Cannabix Technologies stock traded down $0.02 during trading hours on Friday, reaching $0.27. The stock had a trading volume of 44,824 shares, compared to its average volume of 106,081. The stock’s 50 day moving average is $0.35 and its 200 day moving average is $0.43. Cannabix Technologies has a twelve month low of $0.23 and a twelve month high of $0.68. The firm has a market capitalization of $33.12 million, a PE ratio of -13.48 and a beta of 1.01.

Cannabix Technologies (OTCMKTS:BLOZF) last posted its earnings results on Friday, August 28th. The company reported ($0.01) EPS for the quarter.

About Cannabix Technologies

Cannabix Technologies Inc is a Canadian technology company focused on developing breath-based drug-screening systems. Its primary product initiative is the Cannabix Marijuana Breathalyzer, designed to detect recent cannabis use by identifying tetrahydrocannabinol (THC) in a breath sample.

The company’s technology is intended for potential use by law enforcement, workplaces, and other organizations seeking a portable method for screening cannabis impairment or recent consumption. Cannabix has described its systems as incorporating specialized breath-sampling and analytical technologies, although product development and commercialization remain subject to testing, validation, and applicable regulatory requirements.

Cannabix Technologies was established in the mid-2010s and is headquartered in Vancouver, British Columbia.