Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Down 31.5% in February

Chinasoft International Limited (OTCMKTS:CFTLF) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 32,699 shares, a decline of 31.5% from the January 29th total of 47,739 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Chinasoft International Stock Performance

Shares of CFTLF remained flat at $0.58 during midday trading on Friday. Chinasoft International has a 12-month low of $0.58 and a 12-month high of $0.81. The business’s 50-day moving average price is $0.65 and its 200 day moving average price is $0.71.

Chinasoft International Company Profile

Chinasoft International is a Shenzhen-based provider of end-to-end information technology services and digital solutions. The company specializes in IT consulting, enterprise application development and maintenance, software testing and quality assurance, geographic information systems (GIS) and custom software engineering. Chinasoft serves clients across industries such as finance, telecommunications, manufacturing, healthcare and public sector organizations, helping them modernize legacy systems, build cloud-native applications and harness data analytics and artificial intelligence to drive business insights.

Founded in 2000 and listed on the Hong Kong Stock Exchange in 2006, Chinasoft International has expanded its service portfolio to encompass digital transformation initiatives, including cloud migration, big data management, IoT platform development and cybersecurity solutions.