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

MediPharm Labs Corp. (OTCMKTS:MEDIF) was the recipient of a large drop in short interest during the month of 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 daily volume of 412,200 shares, the days-to-cover ratio is presently 1.4 days.

MediPharm Labs Trading Down 6.9 %

Shares of OTCMKTS MEDIF traded down $0.00 during mid-day trading on Thursday, reaching $0.05. 143,196 shares of the company’s stock were exchanged, compared to its average volume of 96,780. The firm has a 50-day moving average price of $0.05 and a two-hundred day moving average price of $0.05. MediPharm Labs has a 52 week low of $0.04 and a 52 week high of $0.07.

About MediPharm Labs

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.