Kainos Group plc (OTCMKTS:KNNNF) Short Interest Down 19.1% in March

Kainos Group plc (OTCMKTS:KNNNF) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,597 shares, a decline of 19.1% from the February 26th total of 1,975 shares. Based on an average daily trading volume, of 31 shares, the days-to-cover ratio is presently 51.5 days.

Kainos Group Price Performance

Shares of KNNNF stock opened at $10.00 on Wednesday. Kainos Group has a 1-year low of $9.76 and a 1-year high of $14.65. The company has a 50-day moving average of $12.13 and a two-hundred day moving average of $11.58.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered Kainos Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Kainos Group Company Profile

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.