Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Sees Significant Increase in Short Interest

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 150,800 shares, an increase of 7.9% from the November 30th total of 139,800 shares. Based on an average daily trading volume, of 73,600 shares, the short-interest ratio is currently 2.0 days.

Computer Modelling Group Stock Performance

Computer Modelling Group stock traded up $0.09 during mid-day trading on Tuesday, hitting $7.42. 8,800 shares of the company’s stock were exchanged, compared to its average volume of 25,900. Computer Modelling Group has a fifty-two week low of $6.42 and a fifty-two week high of $10.60. The company’s 50 day simple moving average is $7.82 and its 200-day simple moving average is $8.79.

Computer Modelling Group Company Profile

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.