Kingsoft Co. Limited (OTCMKTS:KSFTF – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 4,248,589 shares, an increase of 94.0% from the April 15th total of 2,189,593 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Kingsoft Price Performance
Shares of OTCMKTS:KSFTF remained flat at $2.80 during trading on Monday. The firm has a 50-day moving average price of $3.16 and a 200-day moving average price of $3.82. Kingsoft has a 52 week low of $2.80 and a 52 week high of $5.15.
About Kingsoft
Kingsoft Corporation is a Beijing‐based software developer specializing in a range of consumer and enterprise applications. Established in 1988, the company has built its reputation on office productivity and security software. Its flagship product, WPS Office, offers word processing, spreadsheet and presentation tools compatible with major file formats, while Kingsoft Antivirus provides malware detection and removal for Windows and Android platforms.
In addition to its core desktop and mobile software offerings, Kingsoft has expanded into cloud computing through its Kingsoft Cloud division.
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