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

Sinch AB (publ) (OTCMKTS:CLCMF) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 15,575,200 shares, a drop of 18.7% from the September 30th total of 19,168,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 155,752.0 days.

Sinch AB (publ) Stock Performance

Shares of CLCMF remained flat at C$2.85 during trading hours on Tuesday. The stock has a 50 day moving average of C$2.75 and a 200-day moving average of C$2.48. Sinch AB has a twelve month low of C$1.75 and a twelve month high of C$2.85.

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.