Kelly Partners Group Holdings Limited (OTCMKTS:KPGHF) Sees Significant Increase in Short Interest

Kelly Partners Group Holdings Limited (OTCMKTS:KPGHF) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 11,295 shares, an increase of 67.0% from the July 30th total of 6,763 shares. Based on an average trading volume of 12,862 shares, the days-to-cover ratio is currently 0.9 days.

Kelly Partners Group Stock Performance

KPGHF traded down $0.05 on Monday, hitting $3.41. 30,977 shares of the company were exchanged, compared to its average volume of 16,472. The stock’s fifty day moving average is $2.86 and its 200-day moving average is $3.37. Kelly Partners Group has a 12 month low of $2.35 and a 12 month high of $7.34.

Kelly Partners Group is a professional services network that provides accounting and advisory services to businesses and individuals. The company operates a network model of locally branded partner firms that deliver a range of practice services, focusing on the needs of small and medium-sized enterprises (SMEs), private clients and not-for-profit organizations. Kelly Partners emphasizes personalized client relationships through its partner-led offices and centralized support functions.

The firm’s service offering typically includes accounting and tax compliance, business advisory and strategic planning, payroll and bookkeeping, corporate secretarial and compliance services, and wealth and superannuation advice.