Chinasoft International Limited (OTCMKTS:CFTLF) Stock Short Interest Drops 39.1%

Chinasoft International Limited (OTCMKTS:CFTLF – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 4,074,697 shares, a decline of 39.1% from the September 30th total of 6,692,575 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Chinasoft International Price Performance

Chinasoft International stock opened at $0.52 on Tuesday. Chinasoft International has a 52-week low of $0.48 and a 52-week high of $0.81. The firm has a fifty day moving average of $0.52 and a 200-day moving average of $0.55.

About Chinasoft International

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Chinasoft International Limited is a China-based information technology services and digital transformation company. Founded in 2000 and headquartered in Beijing, the company provides software engineering, IT consulting, systems integration and technology outsourcing services to businesses and public-sector organizations.

Its offerings include application development and maintenance, enterprise software implementation, cloud computing, data services, artificial intelligence and other solutions designed to help organizations modernize their technology infrastructure and business processes.

Further Reading

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