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

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,858 shares, an increase of ? from the May 14th total of 0 shares. Based on an average daily volume of 282,977 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, TD Securities raised Decibel Cannabis from a “hold” rating to a “buy” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Decibel Cannabis Price Performance

Shares of OTCMKTS:DBCCF opened at $0.08 on Monday. Decibel Cannabis has a fifty-two week low of $0.04 and a fifty-two week high of $0.11. The business has a 50-day simple moving average of $0.09 and a two-hundred day simple moving average of $0.08.

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.