Short Interest in Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY) Drops By 77.5%

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY - Get Free Report) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 34 shares, a decrease of 77.5% from the March 15th total of 151 shares. Based on an average daily volume of 88 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company's shares are sold short.Kingdee International Software Group Stock Down 5.5%Shares of KGDEY opened at $105.72 on Friday. Kingdee International Software Group has a 1-year low of $101.50 and a 1-year high of $247.26. The firm's 50-day moving average price is $127.86 and its 200-day moving average price is $166.40. About Kingdee International Software Group (Get Free Report)Kingdee International Software Group, trading OTCMKTS: KGDEY, is a leading provider of enterprise management software and cloud services. The company specializes in developing integrated solutions that support financial management, supply chain operations, manufacturing, human capital management and customer relationship functions. Its flagship offerings include on-premise enterprise resource planning (ERP) systems as well as cloud-native SaaS platforms designed for small and medium-sized enterprises (SMEs) and large organizations alike. Kingdee's software suite features modular components that enable businesses to automate routine processes, improve data visibility and drive operational efficiency.Further ReadingFive stocks we like better than Kingdee International Software GroupThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Kingdee International Software Group Right Now?Before you consider Kingdee International Software Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingdee International Software Group wasn't on the list.While Kingdee International Software Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here