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

Converge Technology Solutions Corp. (OTCMKTS:CTSDFGet Free Report) saw a large decrease in short interest during 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 days-to-cover ratio is currently 10.1 days.

Converge Technology Solutions Price Performance

Shares of CTSDF stock opened at $3.81 on Friday. Converge Technology Solutions has a one year low of $2.09 and a one year high of $4.44. The company’s 50-day moving average is $3.15 and its 200 day moving average is $2.91.

Converge Technology Solutions Company Profile

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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.

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