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

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 73 shares, a growth 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 currently ? days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Analysts Set New Price Targets

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

Kingdee International Software Group Stock Down 8.4%

Shares of KGDEY stock opened at $158.65 on Monday. The business’s fifty day moving average price is $177.42 and its 200 day moving average price is $193.00. Kingdee International Software Group has a 1-year low of $130.21 and a 1-year high of $247.26.

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.