Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Short Interest Down 64.9% in August

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 39,000 shares, a drop of 64.9% from the August 15th total of 111,200 shares. Based on an average trading volume of 438,200 shares, the days-to-cover ratio is currently 0.1 days.

Decibel Cannabis Stock Performance

Shares of OTCMKTS:DBCCF remained flat at $0.05 during trading on Friday. The stock had a trading volume of 729,800 shares, compared to its average volume of 162,940. Decibel Cannabis has a 1-year low of $0.03 and a 1-year high of $0.14. The firm’s fifty day moving average price is $0.04 and its two-hundred day moving average price is $0.07.

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.