Short Interest in Kingsoft Co. Limited (OTCMKTS:KSFTF) Rises By 188.5%

Kingsoft Co. Limited (OTCMKTS:KSFTF) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 513,300 shares, an increase of 188.5% from the September 30th total of 177,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5,133.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5,133.0 days.

Kingsoft Price Performance

OTCMKTS:KSFTF opened at $4.43 on Friday. The business’s 50-day moving average price is $4.21 and its two-hundred day moving average price is $4.52. Kingsoft has a twelve month low of $4.05 and a twelve month high of $5.15.

Kingsoft Company Profile

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.