Kingsoft Co. Limited (OTCMKTS:KSFTF) Sees Significant Drop in Short Interest

Kingsoft Co. Limited (OTCMKTS:KSFTF) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 200 shares, a decrease of 99.8% from the October 31st total of 94,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Kingsoft Price Performance

Kingsoft stock opened at $3.35 on Thursday. Kingsoft has a one year low of $2.40 and a one year high of $3.35. The business has a fifty day moving average price of $3.35 and a 200-day moving average price of $3.33.

About Kingsoft

Kingsoft Corporation Limited engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally. It operates in two segments, Office Software and Services, and Entertainment Software and Others. The company is involved in the research and development, operation, and distribution of games; the provision of PC games and mobile games services; and design, research and development, sale, and marketing of office software products and services of WPS Office.