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

Chinasoft International Limited (OTCMKTS:CFTLF – Get Free Report) saw a large 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 presently ? days.

Chinasoft International Stock Performance

OTCMKTS:CFTLF remained flat at $0.52 during mid-day trading on Monday. The business’s 50 day simple moving average is $0.52 and its 200-day simple moving average is $0.55. Chinasoft International has a 1 year low of $0.48 and a 1 year high of $0.81.

About Chinasoft International

(Get Free Report)

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.

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