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

Calian Group Ltd. (OTCMKTS:CLNFF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 97,000 shares, an increase of 52.3% from the October 15th total of 63,700 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 121.3 days.

Calian Group Price Performance

OTCMKTS CLNFF traded down $0.66 during trading hours on Friday, hitting $35.10. The company’s stock had a trading volume of 1,189 shares, compared to its average volume of 783. Calian Group has a 52 week low of $34.51 and a 52 week high of $41.06. The company’s 50-day simple moving average is $36.65 and its two-hundred day simple moving average is $39.51.

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.