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

Calian Group Ltd. (OTCMKTS:CLNFF) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 196,400 shares, an increase of 21.2% from the April 30th total of 162,100 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 89.3 days.

Calian Group Price Performance

Shares of OTCMKTS CLNFF opened at $28.91 on Wednesday. Calian Group has a 1-year low of $27.28 and a 1-year high of $41.06. The company has a fifty day moving average price of $28.74 and a 200 day moving average price of $31.36.

Calian Group Company Profile

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.