Kingsoft Co. Limited (OTCMKTS:KSFTF – Get Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 4,248,589 shares, a growth of 94.0% from the April 15th total of 2,189,593 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Kingsoft Stock Performance
Shares of OTCMKTS:KSFTF remained flat at $2.80 during midday trading on Friday. Kingsoft has a 12 month low of $2.80 and a 12 month high of $5.15. The firm’s 50-day moving average price is $3.16 and its two-hundred day moving average price is $3.82.
About Kingsoft
Kingsoft Corporation is a Beijing‐based software developer specializing in a range of consumer and enterprise applications. Established in 1988, the company has built its reputation on office productivity and security software. Its flagship product, WPS Office, offers word processing, spreadsheet and presentation tools compatible with major file formats, while Kingsoft Antivirus provides malware detection and removal for Windows and Android platforms.
In addition to its core desktop and mobile software offerings, Kingsoft has expanded into cloud computing through its Kingsoft Cloud division.
Featured Stories
- Five stocks we like better than Kingsoft
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Receive News & Ratings for Kingsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingsoft and related companies with MarketBeat.com's FREE daily email newsletter.
