Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Short Interest Update

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 5,910,025 shares, a decrease of 17.0% from the December 15th total of 7,116,488 shares. Based on an average daily volume of 808,730 shares, the days-to-cover ratio is presently 7.3 days. Currently, 2.3% of the shares of the stock are sold short. Currently, 2.3% of the shares of the stock are sold short. Based on an average daily volume of 808,730 shares, the days-to-cover ratio is presently 7.3 days.

Kingsoft Cloud Stock Performance

Kingsoft Cloud stock opened at $11.34 on Wednesday. The firm has a fifty day simple moving average of $11.55 and a two-hundred day simple moving average of $13.22. Kingsoft Cloud has a twelve month low of $9.30 and a twelve month high of $22.26. The company has a market capitalization of $3.43 billion, a PE ratio of -21.81 and a beta of 2.03. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39.

Institutional Trading of Kingsoft Cloud

Institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. grew its holdings in shares of Kingsoft Cloud by 34,905.6% in the fourth quarter. Blue Trust Inc. now owns 25,204 shares of the company’s stock worth $261,000 after purchasing an additional 25,132 shares during the last quarter. Central Asset Investments & Management Holdings HK Ltd bought a new stake in Kingsoft Cloud in the 3rd quarter worth $6,896,000. Verition Fund Management LLC purchased a new position in shares of Kingsoft Cloud in the third quarter valued at about $1,000,000. Scientech Research LLC bought a new position in shares of Kingsoft Cloud during the third quarter valued at about $240,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Kingsoft Cloud during the third quarter worth about $908,000. Hedge funds and other institutional investors own 13.40% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.65.

Kingsoft Cloud Company Profile

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.