Sinch AB (publ) (OTCMKTS:CLCMF) Sees Significant Increase in Short Interest

Sinch AB (publ) (OTCMKTS:CLCMF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,346,800 shares, an increase of 58.1% from the January 31st total of 2,749,400 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 1,498.9 days.

Sinch AB (publ) Price Performance

OTCMKTS:CLCMF remained flat at C$1.90 during mid-day trading on Tuesday. Sinch AB has a 52-week low of C$1.90 and a 52-week high of C$3.02. The company’s 50 day moving average is C$1.97 and its 200-day moving average is C$2.54.

About Sinch AB (publ)

Sinch AB (publ) provides cloud communications services and solutions for enterprises and mobile operators in Sweden, France, the United Kingdom, Germany, Brazil, India, Singapore, other European countries, the United States, and internationally. It operates through four segments: Messaging, Voice and Video, Email, and Operators.