Short Interest in Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Drops By 9.1%

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 177,400 shares, a decrease of 9.1% from the October 31st total of 195,100 shares. Based on an average daily trading volume, of 77,600 shares, the short-interest ratio is presently 2.3 days.

Computer Modelling Group Stock Down 1.4 %

Shares of Computer Modelling Group stock opened at $7.80 on Wednesday. Computer Modelling Group has a 52-week low of $6.42 and a 52-week high of $10.60. The company has a fifty day moving average of $8.23 and a 200-day moving average of $9.00.

About Computer Modelling Group

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.