Short Interest in MediPharm Labs Corp. (OTCMKTS:MEDIF) Decreases By 15.9%

MediPharm Labs Corp. (OTCMKTS:MEDIF) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 597,100 shares, a drop of 15.9% from the December 15th total of 710,100 shares. Based on an average trading volume of 412,200 shares, the short-interest ratio is currently 1.4 days.

MediPharm Labs Stock Up 1.9 %

Shares of OTCMKTS MEDIF traded up $0.00 during midday trading on Friday, reaching $0.05. 74,963 shares of the company’s stock were exchanged, compared to its average volume of 94,788. MediPharm Labs has a 52-week low of $0.04 and a 52-week high of $0.07. The business’s fifty day moving average price is $0.05 and its two-hundred day moving average price is $0.05.

MediPharm Labs Company Profile

MediPharm Labs Corp., a pharmaceutical company, engages in the production and sale of purified, pharmaceutical-quality cannabis extracts, concentrates, active pharmaceutical ingredients, and advanced derivative products in Canada, Australia, Germany, and internationally. The company formulates, processes, packages, and distributes cannabis active ingredients and advanced cannabinoid-based products.