Codan Limited (OTCMKTS:CODAF – Get Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,650 shares, a decline of 55.2% from the June 15th total of 3,683 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.
Codan Price Performance
CODAF remained flat at C$23.61 during trading on Tuesday. The firm’s fifty day moving average price is C$23.61 and its two-hundred day moving average price is C$24.18. Codan has a fifty-two week low of C$18.44 and a fifty-two week high of C$27.69.
About Codan
Codan Limited (OTCMKTS:CODAF) is an Australian technology company specializing in the design and manufacture of communications and detection equipment. Headquartered in Adelaide, South Australia, Codan operates through two primary business segments—detection and communications—providing hardware, software and turn-key solutions to commercial, government and humanitarian customers worldwide.
In its detection segment, Codan markets metal-detection products under the Minelab brand. These detectors serve a range of applications including gold prospecting, security screening, landmine and ordinance clearance, and archaeological exploration.
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