Short Interest in Cannabix Technologies Inc. (OTCMKTS:BLOZF) Declines By 11.6%

Cannabix Technologies Inc. (OTCMKTS:BLOZF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 41,900 shares, a decline of 11.6% from the January 15th total of 47,400 shares. Based on an average daily trading volume, of 351,100 shares, the days-to-cover ratio is currently 0.1 days.

Cannabix Technologies Price Performance

Shares of OTCMKTS:BLOZF opened at $0.34 on Friday. The business’s fifty day moving average price is $0.28 and its two-hundred day moving average price is $0.31. Cannabix Technologies has a fifty-two week low of $0.15 and a fifty-two week high of $0.64. The stock has a market capitalization of $39.15 million, a price-to-earnings ratio of -17.00 and a beta of 1.84.

About Cannabix Technologies

Cannabix Technologies Inc, a technology company, develops marijuana breathalyzer for employers, law enforcement, workplaces, and laboratories in the United States. It develops tetrahydrocannabinol breath analyzers, a point of care breath testing tool for the rapid detection of recent cannabis use; MS breath sampler; and contactless alcohol breathalyzer, as well as breath collection units.