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

Rubicon Organics Inc. (OTCMKTS:ROMJF) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 17,284 shares, an increase of 478.8% from the October 15th total of 2,986 shares. Based on an average daily volume of 46,348 shares, the short-interest ratio is presently 0.4 days.

Rubicon Organics Stock Performance

OTCMKTS:ROMJF traded down $0.01 during mid-day trading on Wednesday, hitting $0.29. 5,525 shares of the stock traded hands, compared to its average volume of 27,636. Rubicon Organics has a 52 week low of $0.23 and a 52 week high of $0.44. The firm’s 50 day moving average is $0.32 and its two-hundred day moving average is $0.34.

Rubicon Organics Company Profile

Rubicon Organics Inc. is a Canadian cannabis company focused on cultivating, processing and selling premium, organically grown cannabis. The company operates a licensed cultivation facility in Delta, British Columbia, where it produces cannabis intended for the adult-use recreational market. Rubicon’s product portfolio includes dried cannabis flower, pre-rolls, vaporizer products and other cannabis formats. Its brands include Simply Bare Organic, 1964 Supply Co. and Homestead Cannabis Co., which are positioned across premium and value-oriented segments of the Canadian cannabis market.