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

Sinch AB (publ) (OTCMKTS:CLCMF) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 11,419,100 shares, a decline of 11.2% from the May 31st total of 12,859,000 shares. Based on an average trading volume of 313,700 shares, the days-to-cover ratio is presently 36.4 days.

Sinch AB (publ) Stock Performance

OTCMKTS:CLCMF opened at C$2.27 on Wednesday. The company’s 50-day moving average is C$2.32 and its two-hundred day moving average is C$2.40. Sinch AB has a 1-year low of C$1.75 and a 1-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.