Codan Limited (OTCMKTS:CODAF) Short Interest Update

Codan Limited (OTCMKTS:CODAF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,900 shares, a growth of 333.3% from the September 30th total of 900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 39.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 39.0 days.

Codan Stock Up 12.1%

Shares of OTCMKTS:CODAF opened at C$23.74 on Tuesday. Codan has a 1-year low of C$18.44 and a 1-year high of C$23.74. The firm’s 50 day simple moving average is C$18.52 and its two-hundred day simple moving average is C$12.79.

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.