The Sage Group plc (OTCMKTS:SGPYY) Short Interest Update

The Sage Group plc (OTCMKTS:SGPYY) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 19,800 shares, an increase of 661.5% from the March 15th total of 2,600 shares. Based on an average trading volume of 97,600 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

The Sage Group Stock Performance

The Sage Group stock traded up $0.32 during trading hours on Monday, reaching $61.04. The company had a trading volume of 18,319 shares, compared to its average volume of 37,452. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.76 and a quick ratio of 0.76. The Sage Group has a 12-month low of $49.22 and a 12-month high of $68.45. The company has a 50-day moving average price of $63.13 and a 200 day moving average price of $61.37.

About The Sage Group

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.