Codan Limited (OTCMKTS:CODAF – Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 335 shares, a decline of 60.7% from the August 15th total of 853 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Codan Price Performance
OTCMKTS:CODAF opened at C$23.61 on Monday. The stock has a fifty day moving average of C$23.61 and a 200 day moving average of C$24.01. Codan has a 52-week low of C$18.44 and a 52-week high of C$27.69.
About Codan
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.
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