Short Interest in Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Increases By 33.7%

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 201,600 shares, an increase of 33.7% from the December 31st total of 150,800 shares. Based on an average daily volume of 28,200 shares, the days-to-cover ratio is presently 7.1 days.

Computer Modelling Group Stock Down 0.7 %

CMDXF stock traded down $0.05 on Thursday, reaching $7.17. 4,548 shares of the company traded hands, compared to its average volume of 38,986. Computer Modelling Group has a one year low of $6.42 and a one year high of $10.60. The firm has a fifty day simple moving average of $7.39 and a 200-day simple moving average of $8.44.

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.