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

Converge Technology Solutions Corp. (OTCMKTS:CTSDF) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,658,600 shares, an increase of 8.1% from the August 15th total of 1,534,600 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is presently 60.8 days.

Converge Technology Solutions Price Performance

OTCMKTS:CTSDF opened at $3.16 on Tuesday. The business has a fifty day simple moving average of $3.18 and a two-hundred day simple moving average of $3.59. Converge Technology Solutions has a 1 year low of $1.66 and a 1 year high of $4.44.

Converge Technology Solutions Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, September 10th. Investors of record on Wednesday, August 28th were paid a $0.0109 dividend. This represents a yield of 1.28%. The ex-dividend date of this dividend was Tuesday, August 27th.

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.