Kingsoft Co. Limited (OTCMKTS:KSFTF – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,613,122 shares, a decline of 38.5% from the April 30th total of 4,248,589 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Kingsoft Stock Up 0.1%
Shares of KSFTF stock opened at $2.80 on Wednesday. Kingsoft has a 1 year low of $2.80 and a 1 year high of $5.15. The firm’s fifty day simple moving average is $2.96 and its 200 day simple moving average is $3.69.
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.
Featured Stories
- Five stocks we like better than Kingsoft
- Tomato Prices Are Spiking, and These 2 Food Stocks Could Feel the Squeeze
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
Receive News & Ratings for Kingsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingsoft and related companies with MarketBeat.com's FREE daily email newsletter.
