Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Update

Chinasoft International Limited (OTCMKTS:CFTLF) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 25,178,600 shares, a growth of 6.4% from the November 15th total of 23,670,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 11,444.8 days.

Chinasoft International Stock Performance

OTCMKTS:CFTLF remained flat at $0.70 during mid-day trading on Friday. Chinasoft International has a 1 year low of $0.41 and a 1 year high of $0.86. The stock has a fifty day simple moving average of $0.74 and a 200 day simple moving average of $0.58.

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.