CareRx Co. (OTCMKTS:CHHHF) Sees Significant Increase in Short Interest

CareRx Co. (OTCMKTS:CHHHF) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,800 shares, a growth of 86.7% from the June 15th total of 1,500 shares. Based on an average daily volume of 1,260 shares, the days-to-cover ratio is currently 2.2 days.

CareRx Stock Down 3.5%

OTCMKTS:CHHHF opened at $2.40 on Thursday. The company has a 50 day moving average price of $2.42 and a 200-day moving average price of $2.63. CareRx has a 1-year low of $2.01 and a 1-year high of $2.89.

About CareRx

CareRx Corporation, together with its subsidiaries, provides pharmacy services to seniors homes and other congregate care settings in Canada. The company offers medication management, technology, and program solutions. It serves long-term care homes, retirement homes, assisted living facilities, and group homes. The company was formerly known as Centric Health Corporation and changed its name to CareRx Corporation in June 2020. CareRx Corporation was incorporated in 2001 and is based in Toronto, Canada.