Short Interest in Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) Decreases By 62.5%

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 3 shares, a drop of 62.5% from the May 14th total of 8 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 82 shares, the days-to-cover ratio is presently 0.0 days.

Kingdee International Software Group Trading Down 8.1%

Shares of OTCMKTS:KGDEY traded down $7.55 during midday trading on Friday, hitting $86.00. The company’s stock had a trading volume of 11 shares, compared to its average volume of 124. The stock’s 50 day simple moving average is $107.88 and its 200 day simple moving average is $139.31. Kingdee International Software Group has a fifty-two week low of $86.00 and a fifty-two week high of $247.26.

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.