Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Update

Chinasoft International Limited (OTCMKTS:CFTLF) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 47,739 shares, a drop of 14.4% from the January 15th total of 55,739 shares. Based on an average trading volume of 280 shares, the short-interest ratio is presently 170.5 days. Based on an average trading volume of 280 shares, the short-interest ratio is presently 170.5 days.

Chinasoft International Stock Down 15.7%

Chinasoft International stock opened at $0.58 on Wednesday. Chinasoft International has a 52 week low of $0.58 and a 52 week high of $0.81. The company has a 50 day moving average price of $0.66 and a 200 day moving average price of $0.72.

About Chinasoft International

Chinasoft International is a Shenzhen-based provider of end-to-end information technology services and digital solutions. The company specializes in IT consulting, enterprise application development and maintenance, software testing and quality assurance, geographic information systems (GIS) and custom software engineering. Chinasoft serves clients across industries such as finance, telecommunications, manufacturing, healthcare and public sector organizations, helping them modernize legacy systems, build cloud-native applications and harness data analytics and artificial intelligence to drive business insights.

Founded in 2000 and listed on the Hong Kong Stock Exchange in 2006, Chinasoft International has expanded its service portfolio to encompass digital transformation initiatives, including cloud migration, big data management, IoT platform development and cybersecurity solutions.