Rubicon Organics Inc. (OTCMKTS:ROMJF) Short Interest Update

Rubicon Organics Inc. (OTCMKTS:ROMJF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 55,900 shares, an increase of 67.9% from the December 15th total of 33,300 shares. Based on an average daily volume of 124,800 shares, the days-to-cover ratio is currently 0.4 days.

Rubicon Organics Price Performance

OTCMKTS ROMJF traded down $0.02 during mid-day trading on Friday, reaching $0.27. 56,335 shares of the company’s stock traded hands, compared to its average volume of 23,264. Rubicon Organics has a 1-year low of $0.21 and a 1-year high of $0.40. The company has a fifty day simple moving average of $0.29 and a 200-day simple moving average of $0.31.

Rubicon Organics Company Profile

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.