Short Interest in Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Increases By 26.4%

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,195,175 shares, an increase of 26.4% from the February 26th total of 4,902,115 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average trading volume of 1,795,608 shares, the days-to-cover ratio is currently 3.5 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on KC shares. The Goldman Sachs Group upgraded Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price objective for the company in a report on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Thursday, January 22nd. Zacks Research cut Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Jefferies Financial Group upped their price objective on Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.48.

Institutional Investors Weigh In On Kingsoft Cloud

A number of large investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new position in Kingsoft Cloud during the 4th quarter worth approximately $63,000. Mirae Asset Global Investments Co. Ltd. boosted its position in Kingsoft Cloud by 14.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after buying an additional 1,170 shares in the last quarter. CWM LLC bought a new stake in shares of Kingsoft Cloud during the fourth quarter worth $132,000. Farther Finance Advisors LLC increased its holdings in shares of Kingsoft Cloud by 13.2% during the third quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock worth $135,000 after buying an additional 1,053 shares in the last quarter. Finally, Equitable Holdings Inc. acquired a new position in shares of Kingsoft Cloud during the third quarter worth $150,000. Institutional investors and hedge funds own 13.40% of the company’s stock.

Kingsoft Cloud Stock Performance

Kingsoft Cloud stock traded down $0.23 during midday trading on Monday, hitting $13.36. The company’s stock had a trading volume of 800,023 shares, compared to its average volume of 1,554,960. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.93. The company has a market cap of $4.04 billion, a price-to-earnings ratio of -27.34 and a beta of 2.04. Kingsoft Cloud has a 1-year low of $10.29 and a 1-year high of $17.79. The company has a 50-day moving average price of $13.35 and a two-hundred day moving average price of $12.99.

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.