The Sage Group plc (OTCMKTS:SGPYY) Short Interest Update

The Sage Group plc (OTCMKTS:SGPYY) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,400 shares, a decline of 72.8% from the February 13th total of 12,500 shares. Based on an average trading volume of 39,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

The Sage Group Price Performance

Shares of SGPYY traded up $0.10 during trading hours on Thursday, reaching $62.34. The stock had a trading volume of 27,994 shares, compared to its average volume of 30,185. The firm has a 50-day simple moving average of $64.91 and a 200 day simple moving average of $60.09. The Sage Group has a 12 month low of $49.22 and a 12 month high of $68.45. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.76 and a quick ratio of 0.76.

About The Sage Group

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.