Short Interest in Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Expands By ∞

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 2,410 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 508,866 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, TD Securities upgraded shares of Decibel Cannabis from a “hold” rating to a “buy” rating in a report on Friday, May 22nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Decibel Cannabis Price Performance

OTCMKTS:DBCCF opened at $0.09 on Thursday. Decibel Cannabis has a 1 year low of $0.06 and a 1 year high of $0.11. The stock has a 50-day moving average price of $0.08 and a two-hundred day moving average price of $0.09.

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. 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.