Codan Limited (OTCMKTS:CODAF) Sees Significant Growth in Short Interest

Codan Limited (OTCMKTS:CODAF) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 8,900 shares, an increase of 25.4% from the December 15th total of 7,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Codan Price Performance

Shares of Codan stock remained flat at C$7.30 on Friday. The firm has a 50-day moving average of C$7.30 and a 200 day moving average of C$7.30. Codan has a one year low of C$4.90 and a one year high of C$7.86.

Codan Company Profile

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.