Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Update

Chinasoft International Limited (OTCMKTS:CFTLF) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 25,178,600 shares, an increase of 6.4% from the November 15th total of 23,670,600 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 11,444.8 days.

Chinasoft International Price Performance

Chinasoft International stock opened at $0.69 on Tuesday. The company has a 50 day moving average price of $0.74 and a 200-day moving average price of $0.58. Chinasoft International has a fifty-two week low of $0.41 and a fifty-two week high of $0.82.

Chinasoft International Company Profile

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, Singapore, India, and Saudi Arabia. It operates through Technical Professional Services Group and Internet IT Services Group segments.