Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Sees Significant Decrease in Short Interest

Computer Modelling Group Ltd. (OTCMKTS:CMDXFGet Free Report) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 139,800 shares, a decline of 21.2% from the November 15th total of 177,400 shares. Based on an average trading volume of 253,100 shares, the short-interest ratio is currently 0.6 days.

Computer Modelling Group Stock Down 2.1 %

Shares of CMDXF stock traded down $0.16 during trading hours on Friday, reaching $7.59. The company had a trading volume of 19,717 shares, compared to its average volume of 26,426. Computer Modelling Group has a 12 month low of $6.42 and a 12 month high of $10.60. The business has a fifty day simple moving average of $8.14 and a 200-day simple moving average of $8.96.

Computer Modelling Group Company Profile

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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.

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