Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) Short Interest Up ∞ in May

Decibel Cannabis Company Inc. (OTCMKTS:DBCCF) was the target of a large increase in short interest in 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 trading volume of 282,977 shares, the short-interest ratio is presently 0.0 days.

Decibel Cannabis Trading Up 9.0%

Shares of DBCCF stock opened at $0.09 on Tuesday. Decibel Cannabis has a 1 year low of $0.04 and a 1 year high of $0.11. The stock has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.08.

Analyst Upgrades and Downgrades

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

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.