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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 29,566 shares, a growth of 510.6% from the May 14th total of 4,842 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 128,594 shares, the days-to-cover ratio is presently 0.2 days.

Cannabix Technologies Stock Performance

Shares of BLOZF opened at $0.45 on Wednesday. The firm has a market capitalization of $55.76 million, a price-to-earnings ratio of -22.70 and a beta of 0.96. Cannabix Technologies has a one year low of $0.33 and a one year high of $0.68. The stock’s fifty day moving average is $0.51 and its 200-day moving average is $0.46.

Cannabix Technologies Company Profile

Cannabix Technologies Inc is a Canada-based developer of bio­sensor technologies focused on the rapid, non-invasive detection of cannabis impairment. The company’s flagship product is a handheld breathalyzer device designed to identify recent use of tetrahydrocannabinol (THC) within minutes of exhalation, offering law enforcement agencies, public safety organizations and workplace safety departments a potential tool to assess impairment in real time.

The Cannabix breathalyzer employs proprietary sensor arrays and on-board algorithms to distinguish THC molecules in breath samples, delivering results without the need for laboratory analysis.