Sinch AB (publ) (OTCMKTS:CLCMF) Sees Significant Drop in Short Interest

Sinch AB (publ) (OTCMKTS:CLCMF) was the target of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 12,859,000 shares, a decrease of 5.7% from the May 15th total of 13,643,000 shares. Based on an average daily volume of 62,800 shares, the days-to-cover ratio is currently 204.8 days.

Sinch AB (publ) Price Performance

Shares of CLCMF stock opened at C$2.25 on Tuesday. The stock has a fifty day moving average price of C$2.33 and a 200 day moving average price of C$2.42. Sinch AB has a one year low of C$1.75 and a one year high of C$2.75.

Sinch AB (publ) Company Profile

Sinch AB (publ) provides cloud communications services and solutions for enterprises and mobile operators in Sweden, France, the United Kingdom, Germany, Brazil, India, Singapore, other European countries, the United States, and internationally. It operates through four segments: Messaging, Voice and Video, Email, and Operators.