Short Interest in Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) Rises By 833.9%

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 1,018 shares, a growth of 833.9% from the June 30th total of 109 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 86 shares, the days-to-cover ratio is currently 11.8 days.

Kingdee International Software Group Stock Performance

OTCMKTS:KGDEY opened at $90.50 on Friday. Kingdee International Software Group has a 12 month low of $71.98 and a 12 month high of $247.26. The company’s 50-day moving average price is $90.89 and its two-hundred day moving average price is $120.39.

About Kingdee International Software Group

Kingdee International Software Group, trading OTCMKTS: KGDEY, is a leading provider of enterprise management software and cloud services. The company specializes in developing integrated solutions that support financial management, supply chain operations, manufacturing, human capital management and customer relationship functions. Its flagship offerings include on-premise enterprise resource planning (ERP) systems as well as cloud-native SaaS platforms designed for small and medium-sized enterprises (SMEs) and large organizations alike.

Kingdee’s software suite features modular components that enable businesses to automate routine processes, improve data visibility and drive operational efficiency.