Short Interest in Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Drops By 5.8%

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 76,800 shares, a drop of 5.8% from the March 15th total of 81,500 shares. Based on an average daily volume of 12,400 shares, the short-interest ratio is presently 6.2 days.

Computer Modelling Group Price Performance

Computer Modelling Group stock remained flat at $7.35 during midday trading on Tuesday. The company had a trading volume of 6,804 shares, compared to its average volume of 8,900. The stock’s fifty day simple moving average is $7.33 and its two-hundred day simple moving average is $7.27. Computer Modelling Group has a 12-month low of $4.73 and a 12-month high of $7.80.

About Computer Modelling Group

Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.