Calian Group Ltd. (OTCMKTS:CLNFF) Sees Large Increase in Short Interest

Calian Group Ltd. (OTCMKTS:CLNFF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 63,700 shares, a growth of 28.9% from the September 30th total of 49,400 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 318.5 days.

Calian Group Stock Performance

CLNFF traded down $1.73 on Monday, reaching $35.34. 600 shares of the company’s stock were exchanged, compared to its average volume of 720. Calian Group has a twelve month low of $34.59 and a twelve month high of $41.06. The stock’s fifty day moving average price is $37.35 and its 200-day moving average price is $40.40.

About Calian Group

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.