Kainos Group plc (OTCMKTS:KNNNF) Sees Large Drop in Short Interest

Kainos Group plc (OTCMKTS:KNNNF) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 500 shares, a decline of 50.0% from the February 13th total of 1,000 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is presently 0.1 days.

Kainos Group Stock Performance

Shares of Kainos Group stock traded down $0.52 on Friday, reaching $8.96. 500 shares of the stock were exchanged, compared to its average volume of 7,200. The firm’s 50 day moving average is $9.99 and its 200-day moving average is $11.43. Kainos Group has a one year low of $8.52 and a one year high of $16.41.

About Kainos Group

Kainos Group plc provides digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for public sector, commercial, and healthcare customers.