Kingsoft Co. Limited (OTCMKTS:KSFTF) Sees Significant Increase in Short Interest

Kingsoft Co. Limited (OTCMKTS:KSFTF) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 513,300 shares, an increase of 188.5% from the September 30th total of 177,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5,133.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5,133.0 days.

Kingsoft Price Performance

KSFTF opened at $4.43 on Thursday. Kingsoft has a 52 week low of $4.05 and a 52 week high of $5.15. The business’s fifty day simple moving average is $4.21 and its 200 day simple moving average is $4.52.

Kingsoft Company Profile

Kingsoft Corporation Limited engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally. It operates in two segments, Office Software and Services, and Entertainment Software and Others. The company is involved in the research and development, operation, and distribution of games; the provision of PC games and mobile games services; and design, research and development, sale, and marketing of office software products and services of WPS Office.