Short Interest in Kainos Group plc (OTCMKTS:KNNNF) Rises By 700.0%

Kainos Group plc (OTCMKTS:KNNNF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 2,400 shares, an increase of 700.0% from the September 30th total of 300 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 1.5 days.

Kainos Group Price Performance

Shares of Kainos Group stock remained flat at $10.40 during trading on Friday. The stock’s 50 day moving average price is $14.55 and its two-hundred day moving average price is $14.08. Kainos Group has a one year low of $10.40 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.