Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Sees Large Increase in Short Interest

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 426,900 shares, an increase of 54.4% from the March 15th total of 276,500 shares. Based on an average daily trading volume, of 20,700 shares, the days-to-cover ratio is currently 20.6 days.

Computer Modelling Group Price Performance

Shares of Computer Modelling Group stock traded up $0.01 during midday trading on Friday, reaching $5.39. 16,620 shares of the company’s stock traded hands, compared to its average volume of 39,395. The stock has a 50 day moving average of $5.54 and a 200-day moving average of $7.01. Computer Modelling Group has a 12 month low of $4.71 and a 12 month high of $10.60.

About Computer Modelling Group

Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. The company offers CMOST-AI, an optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and impartial data interpretation; IMEX, a black oil simulator that is used to model primary, secondary, and tertiary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.