Short Interest in Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Drops By 63.7%

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 30,300 shares, a decrease of 63.7% from the February 13th total of 83,400 shares. Based on an average daily trading volume, of 466,100 shares, the short-interest ratio is presently 0.1 days.

Decibel Cannabis Stock Performance

Decibel Cannabis stock remained flat at $0.05 during mid-day trading on Friday. 69,008 shares of the company traded hands, compared to its average volume of 141,347. The company has a 50 day moving average of $0.05 and a 200 day moving average of $0.05. Decibel Cannabis has a one year low of $0.02 and a one year high of $0.11.

About Decibel Cannabis

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.