Short Interest in Sinch AB (publ) (OTCMKTS:CLCMF) Declines By 62.2%

Sinch AB (publ) (OTCMKTS:CLCMF) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 2,758,700 shares, a decline of 62.2% from the November 15th total of 7,291,300 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is presently 284.4 days.

Sinch AB (publ) Stock Performance

Shares of Sinch AB (publ) stock remained flat at C$3.00 during trading on Friday. The firm’s 50 day simple moving average is C$2.94 and its 200 day simple moving average is C$2.63. Sinch AB has a 1-year low of C$1.75 and a 1-year high of C$3.00.

About Sinch AB (publ)

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.