Short Interest in The Sage Group plc (OTCMKTS:SGPYY) Rises By 41.8%

The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 11,200 shares, an increase of 41.8% from the March 15th total of 7,900 shares. Based on an average daily trading volume, of 16,100 shares, the days-to-cover ratio is currently 0.7 days.

The Sage Group Stock Down 2.5 %

Shares of SGPYY stock traded down $1.54 during trading on Friday, hitting $59.91. 5,810 shares of the company were exchanged, compared to its average volume of 8,831. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.94 and a current ratio of 0.94. The business's 50-day simple moving average is $62.63 and its 200 day simple moving average is $57.46. The Sage Group has a twelve month low of $38.95 and a twelve month high of $66.14.

The Sage Group Company Profile

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.