Calian Group Ltd. (OTCMKTS:CLNFF) Short Interest Up 97.7% in August

Calian Group Ltd. (OTCMKTS:CLNFF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 157,767 shares, an increase of 97.7% from the August 15th total of 79,782 shares. Based on an average daily volume of 3,034 shares, the days-to-cover ratio is currently 52.0 days.

Analysts Set New Price Targets

Several equities research analysts have issued reports on CLNFF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Calian Group in a research note on Friday, August 14th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Calian Group in a research note on Friday, August 14th. Finally, National Bank Financial started coverage on Calian Group in a report on Monday. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Calian Group Price Performance

OTCMKTS CLNFF opened at $57.44 on Tuesday. Calian Group has a 12 month low of $33.53 and a 12 month high of $68.02. The stock has a 50 day moving average of $57.29 and a 200-day moving average of $57.03.

Calian Group Company Profile

Calian Group Ltd (OTCMKTS:CLNFF) is a publicly traded, diversified professional services firm headquartered in Ottawa, Ontario, Canada. Since its founding in 1982, the company has expanded organically and through strategic acquisitions to support public and private sector clients across North America and Europe. Calian’s service offerings are organized into four primary segments: Health, Training, Cyber Security & Information Technology, and Engineering & Sciences.

In its Health segment, Calian provides home healthcare, diagnostic imaging, mobile medical imaging, phlebotomy, and health IT solutions to provincial health authorities and private clients.