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

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 20,300 shares, a growth of 128.1% from the December 15th total of 8,900 shares. Based on an average daily trading volume, of 176,800 shares, the days-to-cover ratio is presently 0.1 days.

Decibel Cannabis Price Performance

Shares of OTCMKTS DBCCF traded up $0.00 on Thursday, reaching $0.06. 56,055 shares of the company’s stock traded hands, compared to its average volume of 37,762. The business’s 50 day simple moving average is $0.05 and its two-hundred day simple moving average is $0.05. Decibel Cannabis has a 12 month low of $0.02 and a 12 month high of $0.11.

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.