Short Interest in Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Increases By 56.4%

Computer Modelling Group Ltd. (OTCMKTS:CMDXFGet Free Report) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 248,200 shares, an increase of 56.4% from the January 31st total of 158,700 shares. Based on an average daily volume of 100,300 shares, the days-to-cover ratio is presently 2.5 days.

Computer Modelling Group Stock Performance

OTCMKTS:CMDXF opened at $5.55 on Monday. The stock’s fifty day moving average is $6.92 and its 200 day moving average is $7.87. Computer Modelling Group has a fifty-two week low of $5.50 and a fifty-two week high of $10.60.

About Computer Modelling Group

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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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