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

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 55,200 shares, a decrease of 80.3% from the May 31st total of 280,200 shares. Based on an average trading volume of 236,700 shares, the short-interest ratio is presently 0.2 days.

Decibel Cannabis Price Performance

DBCCF stock remained flat at $0.04 during midday trading on Thursday. The company had a trading volume of 143,225 shares, compared to its average volume of 141,272. The stock’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.09. Decibel Cannabis has a 12 month low of $0.04 and a 12 month high of $0.14.

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.