Short Interest in Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Increases By 33.7%

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 201,600 shares, an increase of 33.7% from the December 31st total of 150,800 shares. Based on an average daily trading volume, of 28,200 shares, the short-interest ratio is presently 7.1 days.

Computer Modelling Group Price Performance

Shares of OTCMKTS:CMDXF traded down $0.13 during trading on Friday, reaching $7.10. 202,125 shares of the stock were exchanged, compared to its average volume of 45,276. The stock has a fifty day moving average of $7.39 and a two-hundred day moving average of $8.40. Computer Modelling Group has a 1-year low of $6.42 and a 1-year high of $10.60.

About Computer Modelling Group

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.