Calian Group Ltd. (OTCMKTS:CLNFF) Sees Significant Growth in Short Interest

Calian Group Ltd. (OTCMKTS:CLNFF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 50,500 shares, a growth of 37.6% from the February 13th total of 36,700 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 126.3 days.

Calian Group Price Performance

Shares of CLNFF opened at $27.77 on Monday. Calian Group has a 1-year low of $27.28 and a 1-year high of $41.06. The firm’s 50 day simple moving average is $32.31 and its 200 day simple moving average is $34.57.

Calian Group Company Profile

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.