Codan Limited (OTCMKTS:CODAF – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,402 shares, a growth of 318.5% from the August 31st total of 335 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Codan Stock Performance
Shares of OTCMKTS CODAF remained flat at C$23.61 during midday trading on Friday. Codan has a 52 week low of C$18.44 and a 52 week high of C$27.69. The firm has a 50-day simple moving average of C$23.61 and a 200-day simple moving average of C$23.76.
Codan Company Profile
Codan Limited (OTCMKTS:CODAF) is an Australian technology company specializing in the design and manufacture of communications and detection equipment. Headquartered in Adelaide, South Australia, Codan operates through two primary business segments—detection and communications—providing hardware, software and turn-key solutions to commercial, government and humanitarian customers worldwide.
In its detection segment, Codan markets metal-detection products under the Minelab brand. These detectors serve a range of applications including gold prospecting, security screening, landmine and ordinance clearance, and archaeological exploration.
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