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

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 3 shares, a drop of 62.5% from the May 14th total of 8 shares. Based on an average daily volume of 82 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Kingdee International Software Group Price Performance

Shares of KGDEY stock traded down $7.55 on Friday, hitting $86.00. 11 shares of the company’s stock traded hands, compared to its average volume of 23. Kingdee International Software Group has a one year low of $86.00 and a one year high of $247.26. The company’s fifty day simple moving average is $107.31 and its 200 day simple moving average is $138.94.

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.