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

Rubicon Organics Inc. (OTCMKTS:ROMJF) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 33,300 shares, a drop of 41.6% from the November 30th total of 57,000 shares. Based on an average daily volume of 42,700 shares, the short-interest ratio is currently 0.8 days.

Rubicon Organics Trading Up 8.6 %

Shares of ROMJF stock opened at $0.33 on Friday. Rubicon Organics has a 1-year low of $0.21 and a 1-year high of $0.44. The stock’s fifty day simple moving average is $0.27 and its 200-day simple moving average is $0.31.

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.