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

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

Kainos Group Price Performance

Shares of OTCMKTS KNNNF traded down $1.32 during midday trading on Wednesday, reaching $9.14. The company’s stock had a trading volume of 2,766 shares, compared to its average volume of 2,157. Kainos Group has a 12-month low of $9.14 and a 12-month high of $16.41. The firm has a 50 day moving average price of $11.96 and a 200-day moving average price of $13.15.

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.