Cannabix Technologies Inc. (OTCMKTS:BLOZF) Sees Significant Decrease in Short Interest

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 60 shares, a drop of 99.8% from the May 31st total of 29,566 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 180,268 shares, the days-to-cover ratio is currently 0.0 days.

Cannabix Technologies Stock Down 0.6%

BLOZF stock traded down $0.00 during trading hours on Thursday, hitting $0.39. The company’s stock had a trading volume of 74,067 shares, compared to its average volume of 125,256. The company has a market capitalization of $47.63 million, a PE ratio of -19.38 and a beta of 0.96. Cannabix Technologies has a 12 month low of $0.33 and a 12 month high of $0.68. The stock has a 50 day moving average price of $0.49 and a two-hundred day moving average price of $0.46.

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.