PharmaCielo Ltd. (OTCMKTS:PCLOF) Sees Significant Increase in Short Interest

PharmaCielo Ltd. (OTCMKTS:PCLOF) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 29,200 shares, a growth of 18.7% from the October 15th total of 24,600 shares. Based on an average daily trading volume, of 27,000 shares, the short-interest ratio is presently 1.1 days.

PharmaCielo Stock Performance

Shares of OTCMKTS PCLOF remained flat at $0.05 during midday trading on Friday. 130 shares of the stock traded hands, compared to its average volume of 10,011. The firm’s 50 day moving average is $0.08 and its 200 day moving average is $0.11. PharmaCielo has a 52-week low of $0.05 and a 52-week high of $0.22.

PharmaCielo Company Profile

PharmaCielo Ltd., together with its subsidiary, cultivates, processes, produces, and supplies medicinal-grade cannabis extracts, tetrahydrocannabinol, and related products. The company also offers telemedicine software. It serves health and wellness product manufacturers, pharmacies, medical clinics, and cosmetic companies in Canada and Colombia.