Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Down 22.4% in February

Chinasoft International Limited (OTCMKTS:CFTLF) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 6,766,600 shares, a decline of 22.4% from the January 31st total of 8,718,100 shares. Based on an average daily trading volume, of 30,800 shares, the days-to-cover ratio is currently 219.7 days.

Chinasoft International Price Performance

Shares of OTCMKTS CFTLF opened at $0.79 on Thursday. Chinasoft International has a twelve month low of $0.41 and a twelve month high of $0.84. The stock has a fifty day simple moving average of $0.72 and a 200-day simple moving average of $0.66.

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.