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

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 105,500 shares, an increase of 248.2% from the February 28th total of 30,300 shares. Based on an average daily trading volume, of 484,400 shares, the days-to-cover ratio is presently 0.2 days.

Decibel Cannabis Stock Performance

DBCCF stock traded down $0.00 on Thursday, reaching $0.05. The company’s stock had a trading volume of 6,800 shares, compared to its average volume of 132,833. Decibel Cannabis has a 12-month low of $0.02 and a 12-month high of $0.11. The business has a fifty day simple moving average of $0.05 and a two-hundred day simple moving average of $0.05.

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.