Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Short Interest Up 22.6% in July

Computer Modelling Group Ltd. (OTCMKTS:CMDXFGet Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 152,700 shares, a growth of 22.6% from the June 30th total of 124,600 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 38.2 days.

Computer Modelling Group Stock Performance

Shares of CMDXF traded down $0.16 during trading hours on Tuesday, hitting $9.99. The stock had a trading volume of 800 shares, compared to its average volume of 9,751. The firm has a 50-day moving average price of $9.65 and a 200 day moving average price of $8.27. Computer Modelling Group has a fifty-two week low of $5.23 and a fifty-two week high of $10.51.

Computer Modelling Group Company Profile

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Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.

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