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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 60 shares, a drop of 98.8% from the July 15th total of 5,093 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 75,842 shares, the short-interest ratio is presently 0.0 days.

Cannabix Technologies Stock Up 1.7%

BLOZF opened at $0.39 on Wednesday. The firm has a market cap of $47.50 million, a P/E ratio of -19.33 and a beta of 1.02. The business’s fifty day simple moving average is $0.40 and its 200 day simple moving average is $0.45. Cannabix Technologies has a 52 week low of $0.31 and a 52 week high of $0.68.

About Cannabix Technologies

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.