Converge Technology Solutions Corp. (OTCMKTS:CTSDF) Short Interest Up 68.3% in March

Converge Technology Solutions Corp. (OTCMKTS:CTSDF) was the recipient 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 days-to-cover ratio is currently 6.2 days.

Converge Technology Solutions Stock Performance

CTSDF stock traded down $0.00 during mid-day trading on Friday, reaching $3.81. The company had a trading volume of 731 shares, compared to its average volume of 142,460. The stock’s 50-day simple moving average is $3.42 and its two-hundred day simple moving average is $2.94. Converge Technology Solutions has a one year low of $2.09 and a one year high of $4.33.

About Converge Technology Solutions

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.