Converge Technology Solutions Corp. (OTCMKTS:CTSDF) Sees Large Growth in Short Interest

Converge Technology Solutions Corp. (OTCMKTS:CTSDF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,394,400 shares, an increase of 68.3% from the February 28th total of 1,422,400 shares. Based on an average daily trading volume, of 384,200 shares, the short-interest ratio is currently 6.2 days.

Converge Technology Solutions Trading Down 0.1 %

CTSDF stock traded down $0.00 during mid-day trading on Friday, hitting $3.81. 731 shares of the company were exchanged, compared to its average volume of 142,460. Converge Technology Solutions has a 1-year low of $2.09 and a 1-year high of $4.33. The business has a 50 day simple moving average of $3.42 and a 200-day simple moving average of $2.95.

Converge Technology Solutions Company Profile

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.