Kainos Group plc (OTCMKTS:KNNNF) Short Interest Update

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

Analyst Ratings Changes

Several brokerages have weighed in on KNNNF. BNP Paribas Exane initiated coverage on Kainos Group in a research report on Monday, April 27th. They issued an “outperform” rating on the stock. Panmure Gordon upgraded shares of Kainos Group from a “hold” rating to a “buy” rating in a research report on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kainos Group in a report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Kainos Group Stock Performance

Kainos Group stock remained flat at $10.06 during mid-day trading on Friday. The firm has a fifty day moving average of $10.06 and a two-hundred day moving average of $11.81. Kainos Group has a twelve month low of $9.76 and a twelve month high of $14.65.

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.