Kainos Group plc (OTCMKTS:KNNNF) Sees Significant Growth in Short Interest

Kainos Group plc (OTCMKTS:KNNNF) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 31,756 shares, an increase of 456.1% from the May 31st total of 5,710 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KNNNF. BNP Paribas Exane assumed coverage on shares of Kainos Group in a research note on Monday, April 27th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kainos Group in a research note on Tuesday, May 19th. Finally, Panmure Gordon upgraded Kainos Group from a “hold” rating to a “buy” rating in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Kainos Group presently has an average rating of “Moderate Buy”.

Kainos Group Stock Performance

Kainos Group stock remained flat at $10.06 during trading hours on Friday. Kainos Group has a 12-month low of $9.76 and a 12-month high of $14.65. The firm has a fifty day simple moving average of $10.06 and a 200 day simple moving average of $11.81.

About Kainos Group

Kainos Group PLC (OTCMKTS: KNNNF) is a Northern Ireland–based digital services and software company that specializes in helping public sector and commercial clients transform their operations through cloud computing, digital platforms and bespoke application development. The company’s core offerings encompass end-to-end consultancy—from strategy and design through to build, deployment and ongoing managed services—enabling organizations to modernize legacy systems and deliver enhanced user experiences.

The business is organized around two primary practices.