Calian Group Ltd. (OTCMKTS:CLNFF) Short Interest Up 97.7% in August

Calian Group Ltd. (OTCMKTS:CLNFF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 157,767 shares, an increase of 97.7% from the August 15th total of 79,782 shares. Based on an average daily trading volume, of 3,034 shares, the short-interest ratio is presently 52.0 days.

Calian Group Stock Performance

Calian Group stock opened at $59.76 on Wednesday. The business has a 50 day simple moving average of $57.31 and a 200-day simple moving average of $57.06. Calian Group has a 12 month low of $33.53 and a 12 month high of $68.02.

Wall Street Analyst Weigh In

A number of analysts recently commented on CLNFF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Calian Group in a research note on Friday, August 14th. National Bank Financial assumed coverage on shares of Calian Group in a report on Monday. They issued an “outperform” rating for the company. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Calian Group in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Calian Group Company Profile

Calian Group Ltd (OTCMKTS:CLNFF) is a publicly traded, diversified professional services firm headquartered in Ottawa, Ontario, Canada. Since its founding in 1982, the company has expanded organically and through strategic acquisitions to support public and private sector clients across North America and Europe. Calian’s service offerings are organized into four primary segments: Health, Training, Cyber Security & Information Technology, and Engineering & Sciences.

In its Health segment, Calian provides home healthcare, diagnostic imaging, mobile medical imaging, phlebotomy, and health IT solutions to provincial health authorities and private clients.