Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) Short Interest Up 52.1% in January

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 73 shares, an increase of 52.1% from the December 31st total of 48 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analysts Set New Price Targets

Separately, Hsbc Global Res upgraded Kingdee International Software Group to a “strong-buy” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Kingdee International Software Group has a consensus rating of “Strong Buy”.

Kingdee International Software Group Stock Performance

Shares of Kingdee International Software Group stock traded down $14.55 on Friday, hitting $158.65. 1 shares of the company’s stock traded hands, compared to its average volume of 2. Kingdee International Software Group has a one year low of $130.21 and a one year high of $247.26. The firm’s 50-day moving average price is $177.42 and its two-hundred day moving average price is $192.95.

Kingdee International Software Group Company Profile

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.