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

Chinasoft International Limited (OTCMKTS:CFTLFGet Free Report) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 6,680,900 shares, a decrease of 12.9% from the February 29th total of 7,668,100 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 2,155.1 days.

Chinasoft International Price Performance

Chinasoft International stock opened at $0.59 on Friday. The firm’s fifty day moving average is $0.61 and its 200 day moving average is $0.70. Chinasoft International has a 52-week low of $0.55 and a 52-week high of $0.87.

Chinasoft International Company Profile

(Get Free Report)

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.

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