Short Interest in Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Declines By 20.5%

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 7,116,488 shares, a decline of 20.5% from the November 30th total of 8,946,563 shares. Based on an average daily trading volume, of 1,201,015 shares, the short-interest ratio is presently 5.9 days. Currently, 2.7% of the shares of the company are sold short. Currently, 2.7% of the shares of the company are sold short. Based on an average daily trading volume, of 1,201,015 shares, the short-interest ratio is presently 5.9 days.

Kingsoft Cloud Trading Down 1.7%

Shares of KC stock opened at $10.55 on Tuesday. The company has a market capitalization of $3.19 billion, a PE ratio of -20.29 and a beta of 2.01. Kingsoft Cloud has a 52-week low of $9.12 and a 52-week high of $22.26. The business’s fifty day moving average is $11.86 and its 200 day moving average is $13.32. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.93 and a current ratio of 0.93.

Analysts Set New Price Targets

Several equities research analysts have issued reports on KC shares. Bank of America upgraded Kingsoft Cloud from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Kingsoft Cloud in a research note on Tuesday, September 16th. They issued a “buy” rating and a $21.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Kingsoft Cloud currently has an average rating of “Moderate Buy” and a consensus target price of $19.65.

Institutional Investors Weigh In On Kingsoft Cloud

Several hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. bought a new position in shares of Kingsoft Cloud in the 2nd quarter worth $27,000. Bayforest Capital Ltd purchased a new position in Kingsoft Cloud in the first quarter worth $78,000. Farther Finance Advisors LLC bought a new position in Kingsoft Cloud in the second quarter valued at $100,000. Equitable Holdings Inc. bought a new position in Kingsoft Cloud in the third quarter valued at $150,000. Finally, Beverly Hills Private Wealth LLC purchased a new stake in Kingsoft Cloud during the second quarter valued at about $126,000. 13.40% of the stock is currently owned by institutional investors.

Kingsoft Cloud Company Profile

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.