Rubicon Organics Inc. (OTCMKTS:ROMJF) Sees Large Decline in Short Interest

Rubicon Organics Inc. (OTCMKTS:ROMJF) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 9,000 shares, a drop of 90.0% from the June 30th total of 89,800 shares. Based on an average trading volume of 15,900 shares, the days-to-cover ratio is presently 0.6 days.

Rubicon Organics Price Performance

OTCMKTS:ROMJF traded down $0.01 during mid-day trading on Friday, hitting $0.35. 66,294 shares of the stock traded hands, compared to its average volume of 24,138. The business’s 50-day moving average price is $0.33 and its 200 day moving average price is $0.32. Rubicon Organics has a 12-month low of $0.24 and a 12-month high of $0.45.

About Rubicon Organics

Rubicon Organics Inc, together with its subsidiaries, engages in the production, processing, and sale of organic cannabis for the recreational and medical-use markets in Canada. It offers cannabis products in jar, bag, pre-rolls, edible, poutine sauce mix, milled flower, relief stick, cool stick, and oil.