Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Short Interest Down 62.2% in October

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 53,500 shares, a decline of 62.2% from the September 30th total of 141,600 shares. Based on an average daily volume of 378,700 shares, the days-to-cover ratio is presently 0.1 days.

Decibel Cannabis Stock Performance

DBCCF stock remained flat at $0.04 during mid-day trading on Friday. 15,776 shares of the company’s stock traded hands, compared to its average volume of 159,160. Decibel Cannabis has a 52-week low of $0.03 and a 52-week high of $0.12. The business has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.06.

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.