Codan Limited (OTCMKTS:CODAF) Short Interest Update

Codan Limited (OTCMKTS:CODAF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 7,100 shares, an increase of 545.5% from the November 30th total of 1,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Codan Stock Performance

CODAF stock remained flat at C$7.30 during trading on Friday. Codan has a twelve month low of C$4.90 and a twelve month high of C$7.86. The firm’s fifty day simple moving average is C$7.30 and its two-hundred day simple moving average is C$7.29.

About Codan

Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions.