Sinch AB (publ) (OTCMKTS:CLCMF) Short Interest Down 7.9% in August

Sinch AB (publ) (OTCMKTS:CLCMFGet Rating) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 4,851,100 shares, a decrease of 7.9% from the August 15th total of 5,265,500 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 2,695.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Sinch AB (publ) from a “buy” rating to a “neutral” rating in a report on Tuesday, July 12th.

Sinch AB (publ) Stock Down 54.2 %

Shares of CLCMF opened at 1.75 on Tuesday. The company has a 50-day moving average of 3.57. Sinch AB has a 52-week low of 1.75 and a 52-week high of 22.24.

Sinch AB (publ) Company Profile

(Get Rating)

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.

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