Short Interest in Computer Modelling Group Ltd. (OTCMKTS:CMDXF) Declines By 9.1%

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 177,400 shares, a decline of 9.1% from the October 31st total of 195,100 shares. Based on an average daily volume of 77,600 shares, the days-to-cover ratio is presently 2.3 days.

Computer Modelling Group Stock Performance

Computer Modelling Group stock opened at $7.80 on Wednesday. Computer Modelling Group has a fifty-two week low of $6.42 and a fifty-two week high of $10.60. The firm’s 50-day simple moving average is $8.23 and its 200 day simple moving average is $9.00.

About Computer Modelling Group

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.