Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) Sees Significant Growth in Short Interest

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 1,018 shares, an increase of 833.9% from the June 30th total of 109 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 86 shares, the days-to-cover ratio is presently 11.8 days.

Kingdee International Software Group Price Performance

Shares of KGDEY opened at $90.50 on Monday. Kingdee International Software Group has a 1 year low of $71.98 and a 1 year high of $247.26. The company’s 50-day simple moving average is $90.89 and its 200-day simple moving average is $119.91.

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.