Chinasoft International Limited (OTCMKTS:CFTLF) Sees Large Decrease in Short Interest

Chinasoft International Limited (OTCMKTS:CFTLF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 5,210,600 shares, a decrease of 33.5% from the February 28th total of 7,834,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 52,106.0 days.

Chinasoft International Price Performance

OTCMKTS:CFTLF remained flat at $0.81 on Friday. Chinasoft International has a 1 year low of $0.41 and a 1 year high of $0.84. The firm’s fifty day moving average is $0.76 and its 200-day moving average is $0.71.

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, Singapore, India, and Saudi Arabia. It operates through Technical Professional Services Group and Internet IT Services Group segments.