Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Short Interest Up 54.4% in March

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 426,900 shares, an increase of 54.4% from the March 15th total of 276,500 shares. Based on an average trading volume of 20,700 shares, the short-interest ratio is currently 20.6 days.

Computer Modelling Group Price Performance

Shares of CMDXF stock traded up $0.01 during trading hours on Friday, hitting $5.39. 16,620 shares of the company’s stock were exchanged, compared to its average volume of 39,395. The stock’s 50-day moving average is $5.54 and its 200-day moving average is $7.01. Computer Modelling Group has a 52 week low of $4.71 and a 52 week high of $10.60.

Computer Modelling Group Company Profile

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.