The Sage Group plc (OTCMKTS:SGPYY) Short Interest Up 182.1% in March

The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 7,900 shares, an increase of 182.1% from the February 29th total of 2,800 shares. Based on an average daily volume of 29,700 shares, the short-interest ratio is currently 0.3 days.

The Sage Group Price Performance

The Sage Group stock remained flat at $64.95 during mid-day trading on Thursday. The company's stock had a trading volume of 9,298 shares, compared to its average volume of 36,607. The company has a 50 day moving average price of $62.07 and a 200 day moving average price of $56.42. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.94 and a quick ratio of 0.94. The Sage Group has a 52-week low of $36.69 and a 52-week high of $65.69.

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.