Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Sees Large Growth in Short Interest

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 152,900 shares, a growth of 12.8% from the May 31st total of 135,600 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is currently 15.0 days.

Computer Modelling Group Stock Performance

OTCMKTS:CMDXF opened at $9.61 on Wednesday. Computer Modelling Group has a 12-month low of $5.23 and a 12-month high of $9.98. The stock’s fifty day simple moving average is $8.75 and its 200-day simple moving average is $7.86.

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.