CNBX Pharmaceuticals Inc. (OTCMKTS:CNBX) Sees Large Decline in Short Interest

by · The Cerbat Gem

CNBX Pharmaceuticals Inc. (OTCMKTS:CNBX – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 1 shares, a decline of 100.0% from the September 30th total of 69,971 shares. Based on an average daily trading volume, of 14,103,269 shares, the days-to-cover ratio is presently 0.0 days.

CNBX Pharmaceuticals Price Performance

CNBX traded up $0.00 during mid-day trading on Monday, hitting $0.00. 14,040,007 shares of the stock were exchanged, compared to its average volume of 24,338,912. CNBX Pharmaceuticals has a 1-year low of $0.00 and a 1-year high of $0.00.

About CNBX Pharmaceuticals

(Get Free Report)

CNBX Pharmaceuticals Corp. is a biotechnology company focused on the research and development of cannabinoid-based medical treatments. The company has investigated the potential use of cannabis-derived compounds in oncology and other therapeutic applications.

Its activities have included laboratory research, development of cannabinoid formulations, and evaluation of cannabis compounds for potential effects on cancer cells. CNBX has also pursued technologies intended to support the screening and analysis of medical cannabis and cannabinoid products.

The company has been associated with research and development operations in Israel.

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