THC Biomed Intl Ltd. (OTCMKTS:THCBF) Sees Large Drop in Short Interest

THC Biomed Intl Ltd. (OTCMKTS:THCBF) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 5,300 shares, a drop of 68.1% from the August 15th total of 16,600 shares. Based on an average trading volume of 30,400 shares, the short-interest ratio is currently 0.2 days.

THC Biomed Intl Price Performance

Shares of THCBF traded up $0.00 during mid-day trading on Friday, hitting $0.02. The company had a trading volume of 11,129 shares, compared to its average volume of 23,650. THC Biomed Intl has a 1-year low of $0.00 and a 1-year high of $0.03. The business’s 50-day simple moving average is $0.01 and its 200-day simple moving average is $0.01.

THC Biomed Intl Company Profile

THC Biomed Intl Ltd. produces and sells medical and recreational cannabis in Canada. It offers cannabis beverage shots, gummies, and biscuits under the THC KISS brand names, as well as pure cannabis sticks. The company was founded in 2012 and is headquartered in Kelowna, Canada.