Short Interest in Calian Group Ltd. (OTCMKTS:CLNFF) Grows By 52.3%

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

Calian Group Stock Performance

Shares of OTCMKTS:CLNFF remained flat at $35.76 during midday trading on Thursday. 2,850 shares of the stock traded hands, compared to its average volume of 759. The stock has a fifty day moving average price of $36.65 and a 200-day moving average price of $39.51. Calian Group has a one year low of $34.51 and a one year high of $41.06.

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.