Short Interest in Chinasoft International Limited (OTCMKTS:CFTLF) Expands By 6.4%

Chinasoft International Limited (OTCMKTS:CFTLF) was the target of a large 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 trading volume of 2,200 shares, the days-to-cover ratio is presently 11,444.8 days.

Chinasoft International Price Performance

CFTLF opened at $0.69 on Tuesday. Chinasoft International has a 12 month low of $0.41 and a 12 month high of $0.82. The stock has a fifty day moving average price of $0.74 and a 200-day moving average price 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.