Short Interest in Codan Limited (OTCMKTS:CODAF) Decreases By 11.1%

Codan Limited (OTCMKTS:CODAF) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 800 shares, a drop of 11.1% from the May 31st total of 900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Codan Price Performance

OTCMKTS:CODAF remained flat at C$7.30 during mid-day trading on Tuesday. Codan has a 12-month low of C$4.90 and a 12-month high of C$7.86. The stock’s 50 day simple moving average is C$7.13 and its 200-day simple moving average is C$6.46.

Codan Company Profile

Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions.