Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Update

Chinasoft International Limited (OTCMKTS:CFTLF) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 12,099,800 shares, an increase of 56.0% from the August 31st total of 7,757,800 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is currently 1,301.1 days.

Chinasoft International Stock Performance

Chinasoft International stock opened at $0.56 on Friday. The business’s 50-day simple moving average is $0.46 and its 200 day simple moving average is $0.53. Chinasoft International has a 12-month low of $0.41 and a 12-month high of $0.87.

Chinasoft International Company Profile

Chinasoft International Limited, together with its subsidiaries, engages in development and provision of information technology (IT) solutions, IT outsourcing, and training services in the People's Republic of China, the United States, Malaysia, Japan, India, Saudi Arabia, and internationally. It operates through Technical Professional Services Group and Internet IT Services Group segments.