Chinasoft International Limited (OTCMKTS:CFTLF) Short Interest Down 22.4% in February

Chinasoft International Limited (OTCMKTS:CFTLF) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 6,766,600 shares, a drop of 22.4% from the January 31st total of 8,718,100 shares. Based on an average daily trading volume, of 30,800 shares, the days-to-cover ratio is currently 219.7 days.

Chinasoft International Price Performance

OTCMKTS CFTLF opened at $0.79 on Tuesday. Chinasoft International has a 52-week low of $0.41 and a 52-week high of $0.84. The business’s 50-day moving average price is $0.71 and its 200 day moving average price is $0.66.

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.