Chinasoft International Limited (OTCMKTS:CFTLF – Get Free Report) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 450,697 shares, a drop of 88.9% from the October 15th total of 4,074,697 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Chinasoft International Stock Performance
Shares of CFTLF opened at $0.52 on Wednesday. Chinasoft International has a 1-year low of $0.48 and a 1-year high of $0.81. The company has a 50-day moving average of $0.52 and a 200 day moving average of $0.54.
About Chinasoft International
Chinasoft International Limited is a China-based information technology services and digital transformation company. Founded in 2000 and headquartered in Beijing, the company provides software engineering, IT consulting, systems integration and technology outsourcing services to businesses and public-sector organizations. Its offerings include application development and maintenance, enterprise software implementation, cloud computing, data services, artificial intelligence and other solutions designed to help organizations modernize their technology infrastructure and business processes.
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