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Short Interest in The Sage Group plc (OTCMKTS:SGPYY) Grows By 661.5%

The Sage Group logo with Computer and Technology background

The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) was the target of a significant increase in short interest in 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. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 97,600 shares, the days-to-cover ratio is presently 0.2 days.

The Sage Group Stock Up 0.9 %

The Sage Group stock traded up $0.55 during mid-day trading on Friday, reaching $62.06. 9,909 shares of the company's stock were exchanged, compared to its average volume of 36,473. 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 twelve month low of $49.22 and a twelve month high of $68.45. The company has a fifty day moving average of $62.70 and a 200-day moving average of $61.52.

The Sage Group Company Profile

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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.

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