Short Interest in Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Drops By 62.2%

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

Decibel Cannabis Stock Performance

Shares of DBCCF remained flat at $0.04 during midday trading on Friday. The stock had a trading volume of 15,776 shares, compared to its average volume of 159,160. Decibel Cannabis has a 12-month low of $0.03 and a 12-month high of $0.12. The company’s 50-day moving average is $0.05 and its two-hundred day moving average is $0.06.

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.