Converge Technology Solutions Corp. (OTCMKTS:CTSDF) Short Interest Update

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

Converge Technology Solutions Price Performance

Converge Technology Solutions stock opened at $3.77 on Friday. The company’s 50 day simple moving average is $3.12 and its 200-day simple moving average is $2.91. Converge Technology Solutions has a 1 year low of $2.09 and a 1 year 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.