MediPharm Labs Corp. (OTCMKTS:MEDIF) Sees Significant Increase in Short Interest

from the March 31st total of 1,346,000 shares. The company has a market capitalization of $205.04 million and a price-to-earnings ratio of -3.40. This company has seen a recent growth in short interest.

() experienced a significant increase in short interest during the month of April. On April 15th there were 1,621,500 short shares. This is a 20.4% increase from the total of 1,346,600 on March 31st. The short-interest ratio, based on an average daily volume of 647.700 shares, is currently 2.5 days.

MediPharm Labs trading down 9.4 %

During Friday's mid-day trade, the stock fell $0.01 to $0.06. Stock traded 5,428 shares compared to the average of 117.550. The company's 200-day moving average and 50-day moving average are both $0.06. Get Rating

MediPharm labs Corp., a medicinal cannabis company that produces cannabis oil of pharmaceutical quality, is a cannabis oil producer. The company is primarily focused on downstream secondary extraction, distillation and cannabinoid separation and purification. The company provides raw materials, formulations and processing for the creation ready-to-sell derivatives. offers a FREE daily email newsletter