Short Interest in Rubicon Organics Inc. (OTCMKTS:ROMJF) Decreases By 90.0%

Rubicon Organics Inc. (OTCMKTS:ROMJFGet Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 9,000 shares, a decrease 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

Shares of OTCMKTS ROMJF remained flat at $0.35 during mid-day trading on Friday. The stock has a 50-day simple moving average of $0.33 and a 200 day simple moving average of $0.32. Rubicon Organics has a fifty-two week low of $0.24 and a fifty-two week high of $0.45.

About Rubicon Organics

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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.

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