Decibel Cannabis Company Inc. (OTCMKTS:DBCCF – Get Rating) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 4,800 shares, a growth of 433.3% from the August 15th total of 900 shares. Based on an average trading volume of 56,300 shares, the days-to-cover ratio is presently 0.1 days.
Decibel Cannabis Stock Performance
OTCMKTS DBCCF remained flat at $0.08 on Tuesday. The company's stock had a trading volume of 4,870 shares, compared to its average volume of 38,409. Decibel Cannabis has a 1-year low of $0.06 and a 1-year high of $0.22. The firm's 50-day simple moving average is $0.07 and its 200-day simple moving average is $0.08.
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Decibel Cannabis Company Inc engages in the cultivation, processing, production, and retail sale of cannabis products in Canada. It offers cannabis flower, cannabis pre-rolls, and cannabis biomass to licensed producers in Canada. The company is also involved in the extraction, processing, and manufacturing of various cannabis derivative products, including vape cartridges, cannabis infused products, and cannabis extracts.Further Reading
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