Kingsoft Co. Limited (OTCMKTS:KSFTF) Short Interest Up 12.9% in December

Kingsoft Co. Limited (OTCMKTS:KSFTF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 265,200 shares, an increase of 12.9% from the December 15th total of 235,000 shares. Based on an average trading volume of 4,100 shares, the short-interest ratio is presently 64.7 days.

Kingsoft Price Performance

Shares of KSFTF opened at $4.11 on Monday. The company’s fifty day moving average price is $3.59 and its 200-day moving average price is $3.43. Kingsoft has a 1-year low of $4.07 and a 1-year high of $4.23.

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.