Short Interest in Kingsoft Co. Limited (OTCMKTS:KSFTF) Drops By 99.8%

Kingsoft Co. Limited (OTCMKTS:KSFTF) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a drop of 99.8% from the October 31st total of 94,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Kingsoft Stock Performance

Kingsoft stock opened at $3.35 on Friday. The business’s 50-day simple moving average is $3.35 and its 200-day simple moving average is $3.33. Kingsoft has a 52 week low of $2.40 and a 52 week high of $3.35.

About Kingsoft

Kingsoft Corporation Limited engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally. It operates in two segments, Office Software and Services, and Entertainment Software and Others. The company is involved in the research and development, operation, and distribution of games; the provision of PC games and mobile games services; and design, research and development, sale, and marketing of office software products and services of WPS Office.