Kingsoft Co. Limited (OTCMKTS:KSFTF) Sees Large Increase in Short Interest

Kingsoft Co. Limited (OTCMKTS:KSFTF – Get Rating) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 915,000 shares, an increase of 15.5% from the May 15th total of 792,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Kingsoft Price Performance

Shares of OTCMKTS:KSFTF opened at $3.32 on Friday. The stock’s 50-day moving average is $3.32 and its 200-day moving average is $3.29. Kingsoft has a 52-week low of $2.69 and a 52-week high of $3.79.

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Kingsoft Company Profile

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Kingsoft Corporation Limited, an investment holding company, engages in the design, research and development, sale, and marketing of the office software products and services of WPS Office in Mainland China, Hong Kong, and internationally. It operates in two segments, Office Software and Services, and Entertainment Software and Others.

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