Kingsoft Co. Limited (OTCMKTS:KSFTF) Sees Large Growth in Short Interest

Kingsoft Co. Limited (OTCMKTS:KSFTF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 265,200 shares, a growth of 12.9% from the December 31st total of 235,000 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 64.7 days.

Kingsoft Stock Performance

Shares of OTCMKTS KSFTF remained flat at $4.20 during trading on Monday. Kingsoft has a fifty-two week low of $4.07 and a fifty-two week high of $4.48. The business has a fifty day moving average of $3.76 and a 200 day moving average of $3.50.

Kingsoft Company Profile

Kingsoft Corporation Limited engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally. It operates in two segments, Office Software and Services, and Entertainment Software and Others. The company is involved in the research and development, operation, and distribution of games; the provision of PC games and mobile games services; and design, research and development, sale, and marketing of office software products and services of WPS Office.