Kainos Group plc (OTCMKTS:KNNNF) Short Interest Down 94.8% in February

Kainos Group plc (OTCMKTS:KNNNF) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 1,975 shares, a decline of 94.8% from the February 12th total of 38,320 shares. Based on an average daily volume of 165 shares, the days-to-cover ratio is presently 12.0 days. Based on an average daily volume of 165 shares, the days-to-cover ratio is presently 12.0 days.

Kainos Group Stock Performance

Shares of KNNNF remained flat at $10.00 during mid-day trading on Thursday. The firm has a 50-day simple moving average of $13.43 and a two-hundred day simple moving average of $11.52. Kainos Group has a 52-week low of $9.76 and a 52-week high of $14.65.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered Kainos Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

About Kainos Group

Kainos Group PLC (OTCMKTS: KNNNF) is a Northern Ireland–based digital services and software company that specializes in helping public sector and commercial clients transform their operations through cloud computing, digital platforms and bespoke application development. The company’s core offerings encompass end-to-end consultancy—from strategy and design through to build, deployment and ongoing managed services—enabling organizations to modernize legacy systems and deliver enhanced user experiences.

The business is organized around two primary practices.