Short Interest in Chinasoft International Limited (OTCMKTS:CFTLF) Drops By 33.5%

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

Chinasoft International Price Performance

CFTLF remained flat at $0.81 on Friday. The stock’s fifty day moving average price is $0.76 and its 200 day moving average price is $0.71. Chinasoft International has a 52-week low of $0.41 and a 52-week high of $0.84.

Chinasoft International Company Profile

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.