Short Interest in Chinasoft International Limited (OTCMKTS:CFTLF) Grows By 6.4%

Chinasoft International Limited (OTCMKTS:CFTLF) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 25,178,600 shares, an increase of 6.4% from the November 15th total of 23,670,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 11,444.8 days.

Chinasoft International Stock Performance

Shares of Chinasoft International stock remained flat at $0.70 on Monday. The stock’s 50-day moving average price is $0.74 and its 200 day moving average price is $0.58. Chinasoft International has a one year low of $0.41 and a one year high of $0.86.

About Chinasoft International

Chinasoft International Limited, together with its subsidiaries, engages in development and provision of information technology (IT) solutions, IT outsourcing, and training services in the People’s Republic of China, the United States, Malaysia, Japan, Singapore, India, and Saudi Arabia. It operates through Technical Professional Services Group and Internet IT Services Group segments.