Converge Technology Solutions Corp. (OTCMKTS:CTSDF) Sees Significant Drop in Short Interest

Converge Technology Solutions Corp. (OTCMKTS:CTSDF) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,422,400 shares, a decrease of 42.4% from the February 13th total of 2,467,500 shares. Based on an average daily volume of 140,900 shares, the short-interest ratio is currently 10.1 days.

Converge Technology Solutions Trading Up 1.0 %

Shares of OTCMKTS:CTSDF opened at $3.81 on Friday. The firm’s 50 day moving average price is $3.15 and its 200-day moving average price is $2.91. Converge Technology Solutions has a twelve month low of $2.09 and a twelve month high of $4.44.

Converge Technology Solutions Company Profile

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.