The Sage Group plc (OTCMKTS:SGPYY) Sees Significant Decline in Short Interest

The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a decline of 91.9% from the March 31st total of 19,800 shares. Based on an average daily trading volume, of 108,600 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

The Sage Group Price Performance

Shares of OTCMKTS:SGPYY traded down $0.24 during mid-day trading on Thursday, reaching $65.92. The company had a trading volume of 17,782 shares, compared to its average volume of 34,227. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.13. The company's 50-day moving average price is $62.36 and its 200-day moving average price is $62.14. The Sage Group has a one year low of $49.22 and a one year high of $68.45.

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.