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

Cannabix Technologies Inc. (OTCMKTS:BLOZF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 52,257 shares, a growth of 105.8% from the November 30th total of 25,390 shares. Based on an average trading volume of 221,578 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 221,578 shares, the days-to-cover ratio is presently 0.2 days.

Cannabix Technologies Trading Up 0.1%

Shares of Cannabix Technologies stock opened at $0.42 on Monday. Cannabix Technologies has a 1 year low of $0.20 and a 1 year high of $0.50. The company’s fifty day simple moving average is $0.39 and its 200-day simple moving average is $0.41. The company has a market cap of $51.33 million, a price-to-earnings ratio of -21.20 and a beta of 0.65.

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.