Codan Limited (OTCMKTS:CODAF – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,402 shares, an increase of 318.5% from the August 31st total of 335 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.
Codan Stock Performance
CODAF stock remained flat at C$23.61 during midday trading on Friday. The business’s fifty day moving average price is C$23.61 and its 200 day moving average price is C$23.75. Codan has a one year low of C$18.44 and a one year high of C$27.69.
Codan Company Profile
Codan Limited is an Australian technology company that develops communications and metal-detection products for customers worldwide. Its businesses serve a range of markets, including mining, government, military and public safety, humanitarian organizations, agriculture, and consumer recreation.
Through its Minelab business, Codan produces metal detectors used for gold prospecting, treasure hunting, landmine clearance, and security applications. Minelab products are sold internationally and are designed for both professional and recreational users.
Codan’s communications operations develop radio and related communications systems, including high-frequency (HF) radio solutions, tactical communications equipment, and products for remote and infrastructure-limited environments.
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