Codan Limited (OTCMKTS:CODAF – Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 335 shares, a decrease of 60.7% from the August 15th total of 853 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Codan Stock Performance
Codan stock opened at C$23.61 on Friday. Codan has a 52 week low of C$18.44 and a 52 week high of C$27.69. The stock has a 50 day moving average of C$23.61 and a 200-day moving average of C$24.04.
Codan Company Profile
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.
Recommended Stories
- Five stocks we like better than Codan
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Codan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Codan and related companies with MarketBeat.com's FREE daily email newsletter.
