Sinch AB (publ) (OTCMKTS:CLCMF) Sees Large Drop in Short Interest

Sinch AB (publ) (OTCMKTS:CLCMF) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 1,908,200 shares, a decrease of 26.8% from the April 30th total of 2,605,100 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is currently 829.7 days.

Sinch AB (publ) Price Performance

Shares of Sinch AB (publ) stock remained flat at C$2.87 on Tuesday. The company has a 50-day simple moving average of C$2.85 and a 200 day simple moving average of C$2.46. Sinch AB has a twelve month low of C$1.90 and a twelve month high of C$3.02.

Sinch AB (publ) Company Profile

Sinch AB (publ) provides cloud communications services and solutions for enterprises and mobile operators in Sweden, France, the United Kingdom, Germany, Brazil, India, Singapore, other European countries, the United States, and internationally. It operates through four segments: Messaging, Voice and Video, Email, and Operators.