Codan Limited (OTCMKTS:CODAF) Short Interest Up 25.0% in August

Codan Limited (OTCMKTS:CODAF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 4,500 shares, a growth of 25.0% from the August 15th total of 3,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Codan Stock Performance

OTCMKTS:CODAF remained flat at C$4.90 during mid-day trading on Monday. Codan has a 52 week low of C$2.65 and a 52 week high of C$5.30. The business’s 50 day moving average is C$4.94 and its 200-day moving average is C$4.33.

About Codan

Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions.