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

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 111,953 shares, a drop of 36.0% from the December 15th total of 174,935 shares. Based on an average trading volume of 203,283 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 203,283 shares, the days-to-cover ratio is currently 0.6 days.

Decibel Cannabis Price Performance

Shares of Decibel Cannabis stock opened at $0.07 on Friday. Decibel Cannabis has a 12-month low of $0.03 and a 12-month high of $0.11. The company’s fifty day simple moving average is $0.08 and its two-hundred day simple moving average is $0.08.

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. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta.