Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Update

Chinasoft International Limited (OTCMKTS:CFTLF) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 5,210,600 shares, a drop of 33.5% from the February 28th total of 7,834,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 52,106.0 days.

Chinasoft International Stock Performance

Shares of CFTLF remained flat at $0.81 during mid-day trading on Friday. Chinasoft International has a one year low of $0.41 and a one year high of $0.84. The firm’s 50-day moving average price is $0.76 and its 200-day moving average price is $0.71.

About Chinasoft International

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.