Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Update

Chinasoft International Limited (OTCMKTS:CFTLF) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 194,699 shares, an increase of 495.4% from the February 12th total of 32,699 shares. Based on an average daily trading volume, of 889 shares, the short-interest ratio is currently 219.0 days. Based on an average daily trading volume, of 889 shares, the short-interest ratio is currently 219.0 days.

Chinasoft International Price Performance

Chinasoft International stock remained flat at $0.58 during trading hours on Tuesday. The stock has a fifty day moving average of $0.64 and a 200 day moving average of $0.70. Chinasoft International has a 12-month low of $0.58 and a 12-month high of $0.81.

Chinasoft International Company Profile

Chinasoft International is a Shenzhen-based provider of end-to-end information technology services and digital solutions. The company specializes in IT consulting, enterprise application development and maintenance, software testing and quality assurance, geographic information systems (GIS) and custom software engineering. Chinasoft serves clients across industries such as finance, telecommunications, manufacturing, healthcare and public sector organizations, helping them modernize legacy systems, build cloud-native applications and harness data analytics and artificial intelligence to drive business insights.

Founded in 2000 and listed on the Hong Kong Stock Exchange in 2006, Chinasoft International has expanded its service portfolio to encompass digital transformation initiatives, including cloud migration, big data management, IoT platform development and cybersecurity solutions.