Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Short Interest Down 84.3% in January

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 17,524 shares, a drop of 84.3% from the December 31st total of 111,953 shares. Based on an average daily volume of 141,624 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 141,624 shares, the days-to-cover ratio is currently 0.1 days.

Decibel Cannabis Stock Performance

Shares of OTCMKTS DBCCF traded down $0.00 during midday trading on Tuesday, hitting $0.08. The company’s stock had a trading volume of 931,690 shares, compared to its average volume of 122,906. The stock has a fifty day moving average price of $0.08 and a 200 day moving average price of $0.09. Decibel Cannabis has a one year low of $0.03 and a one year high of $0.11.

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. 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.