Calian Group Ltd. (OTCMKTS:CLNFF) Sees Significant Decrease in Short Interest

Calian Group Ltd. (OTCMKTS:CLNFF) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 79,782 shares, a drop of 33.3% from the July 30th total of 119,529 shares. Based on an average trading volume of 2,344 shares, the short-interest ratio is presently 34.0 days.

Analysts Set New Price Targets

Several research firms have weighed in on CLNFF. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Calian Group in a research report on Friday, August 14th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Calian Group in a research report on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Calian Group Stock Performance

Shares of OTCMKTS CLNFF opened at $53.78 on Tuesday. Calian Group has a 52 week low of $33.53 and a 52 week high of $68.02. The business’s 50 day moving average price is $58.06 and its 200 day moving average price is $56.83.

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.