Short Interest in Chinasoft International Limited (OTCMKTS:CFTLF) Increases By 9.0%

Chinasoft International Limited (OTCMKTS:CFTLF) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 13,193,800 shares, a growth of 9.0% from the September 15th total of 12,099,800 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is currently 949.2 days.

Chinasoft International Price Performance

OTCMKTS CFTLF opened at $0.70 on Thursday. The company has a 50 day simple moving average of $0.50 and a 200-day simple moving average of $0.53. Chinasoft International has a 52-week low of $0.41 and a 52-week high of $0.87.

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.