Calian Group Ltd. (OTCMKTS:CLNFF) Short Interest Up 97.7% in August

Calian Group Ltd. (OTCMKTS:CLNFF) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 157,767 shares, a growth of 97.7% from the August 15th total of 79,782 shares. Based on an average daily volume of 3,034 shares, the short-interest ratio is currently 52.0 days.

Calian Group Stock Up 0.6%

Calian Group stock opened at $57.44 on Tuesday. Calian Group has a 12 month low of $33.53 and a 12 month high of $68.02. The stock’s 50 day moving average is $57.29 and its 200-day moving average is $57.03.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CLNFF. National Bank Financial initiated coverage on Calian Group in a research note on Monday. They issued an “outperform” rating on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Calian Group in a report on Friday, August 14th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Calian Group in a report on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Calian Group

Calian Group Ltd (OTCMKTS:CLNFF) is a publicly traded, diversified professional services firm headquartered in Ottawa, Ontario, Canada. Since its founding in 1982, the company has expanded organically and through strategic acquisitions to support public and private sector clients across North America and Europe. Calian’s service offerings are organized into four primary segments: Health, Training, Cyber Security & Information Technology, and Engineering & Sciences.

In its Health segment, Calian provides home healthcare, diagnostic imaging, mobile medical imaging, phlebotomy, and health IT solutions to provincial health authorities and private clients.