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

The Sage Group plc (OTCMKTS:SGPYY) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 3,400 shares, a decrease of 72.8% from the February 13th total of 12,500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 39,200 shares, the days-to-cover ratio is presently 0.1 days.

The Sage Group Stock Down 0.1 %

OTCMKTS SGPYY opened at $62.07 on Friday. The business has a fifty day moving average price of $64.86 and a 200 day moving average price of $60.17. The Sage Group has a one year low of $49.22 and a one year high of $68.45. 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 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.