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

The Sage Group plc (OTCMKTS:SGPYY) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 6,000 shares, a decrease of 46.4% from the March 31st total of 11,200 shares. Based on an average daily volume of 19,800 shares, the short-interest ratio is presently 0.3 days.

The Sage Group Stock Up 0.7 %

Shares of OTCMKTS SGPYY traded up $0.44 during midday trading on Friday, reaching $59.70. The company’s stock had a trading volume of 9,569 shares, compared to its average volume of 10,151. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average price is $62.42 and its two-hundred day moving average price is $58.19. The Sage Group has a fifty-two week low of $40.25 and a fifty-two week high of $66.14.

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.