Short Interest in Sinch AB (publ) (OTCMKTS:CLCMF) Declines By 8.7%

Sinch AB (publ) (OTCMKTS:CLCMF) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 22,332,200 shares, a decline of 8.7% from the March 31st total of 24,470,600 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 12,406.8 days.

Sinch AB (publ) Price Performance

CLCMF remained flat at C$2.34 during trading hours on Monday. Sinch AB has a 12 month low of C$1.75 and a 12 month high of C$2.75. The business’s 50 day simple moving average is C$2.40 and its two-hundred day simple moving average is C$2.33.

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.