Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Short Interest Down 64.9% in August

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 39,000 shares, a drop of 64.9% from the August 15th total of 111,200 shares. Based on an average trading volume of 438,200 shares, the short-interest ratio is presently 0.1 days.

Decibel Cannabis Price Performance

Shares of Decibel Cannabis stock remained flat at $0.05 during trading on Friday. 729,800 shares of the stock were exchanged, compared to its average volume of 162,940. The stock has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.07. Decibel Cannabis has a fifty-two week low of $0.03 and a fifty-two week high of $0.14.

Decibel Cannabis Company Profile

Decibel Cannabis Company Inc, an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges, cannabis infused products, cannabis extracts, and glass tube packaging for pre-rolls.