Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Short Interest Update

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a significant increase in short interest during 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 trading volume, of 28,200 shares, the short-interest ratio is currently 7.1 days.

Computer Modelling Group Price Performance

Shares of CMDXF stock traded down $0.13 during mid-day trading on Friday, hitting $7.10. 202,125 shares of the company’s stock were exchanged, compared to its average volume of 45,276. Computer Modelling Group has a fifty-two week low of $6.42 and a fifty-two week high of $10.60. The stock has a 50-day simple moving average of $7.39 and a two-hundred day simple moving average of $8.40.

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.