Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Sees Large Drop in Short Interest

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 23,000 shares, a drop of 57.0% from the October 15th total of 53,500 shares. Based on an average daily trading volume, of 563,600 shares, the days-to-cover ratio is currently 0.0 days.

Decibel Cannabis Stock Performance

DBCCF stock remained flat at $0.06 during trading on Wednesday. The company’s stock had a trading volume of 274 shares, compared to its average volume of 165,589. The firm’s 50-day simple moving average is $0.05 and its 200 day simple moving average is $0.05. Decibel Cannabis has a 1 year low of $0.02 and a 1 year high of $0.12.

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.