Sinch AB (publ) (OTCMKTS:CLCMF) Sees Large Decrease in Short Interest

Sinch AB (publ) (OTCMKTS:CLCMF) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 17,130,600 shares, a drop of 14.1% from the August 31st total of 19,940,500 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is currently 2,063.9 days.

Sinch AB (publ) Stock Performance

CLCMF remained flat at C$2.85 during midday trading on Monday. Sinch AB has a 12-month low of C$1.75 and a 12-month high of C$2.85. The company’s fifty day simple moving average is C$2.57 and its two-hundred day simple moving average is C$2.41.

Sinch AB (publ) Company Profile

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.