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

Rubicon Organics Inc. (OTCMKTS:ROMJF) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,200 shares, a decline of 93.5% from the September 30th total of 33,900 shares. Based on an average daily trading volume, of 4,900 shares, the days-to-cover ratio is currently 0.4 days.

Rubicon Organics Stock Up 13.6 %

Shares of OTCMKTS:ROMJF traded up $0.03 during trading on Friday, hitting $0.28. 5,100 shares of the company were exchanged, compared to its average volume of 22,613. Rubicon Organics has a 1-year low of $0.24 and a 1-year high of $0.45. The business’s 50 day moving average is $0.32 and its 200-day moving average is $0.32.

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.