Kainos Group plc (OTCMKTS:KNNNF) Sees Significant Increase in Short Interest

Kainos Group plc (OTCMKTS:KNNNF) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 16,600 shares, an increase of 3,220.0% from the October 31st total of 500 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 9.2 days.

Kainos Group Price Performance

Shares of OTCMKTS KNNNF opened at $9.14 on Friday. The business has a 50-day moving average of $11.66 and a 200-day moving average of $13.10. Kainos Group has a 12 month low of $9.14 and a 12 month high of $16.41.

Kainos Group Company Profile

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.