Short Interest in Kingsoft Co. Limited (OTCMKTS:KSFTF) Increases By 79.4%

Kingsoft Co. Limited (OTCMKTS:KSFTF) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 714,400 shares, a growth of 79.4% from the January 31st total of 398,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Kingsoft Stock Performance

Kingsoft stock opened at $4.20 on Tuesday. Kingsoft has a 1-year low of $4.07 and a 1-year high of $4.48. The stock’s 50 day moving average price is $4.12 and its 200 day moving average price is $3.62.

Kingsoft Company Profile

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.