Short Interest in Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Rises By ?

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the target of a large growth in short interest in the month of 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 trading volume of 508,866 shares, the short-interest ratio is presently 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 research report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Decibel Cannabis presently has an average rating of “Buy”.

Decibel Cannabis Stock Performance

OTCMKTS:DBCCF opened at $0.09 on Tuesday. The stock’s fifty day moving average price is $0.08 and its two-hundred day moving average price is $0.09. Decibel Cannabis has a 1 year low of $0.06 and a 1 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.