Kelly Partners Group Holdings Limited (OTCMKTS:KPGHF) Sees Significant Increase in Short Interest

Kelly Partners Group Holdings Limited (OTCMKTS:KPGHF) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 11,295 shares, an increase of 67.0% from the July 30th total of 6,763 shares. Based on an average trading volume of 12,862 shares, the days-to-cover ratio is currently 0.9 days.

Kelly Partners Group Price Performance

Shares of KPGHF traded down $0.05 during mid-day trading on Monday, hitting $3.41. 30,977 shares of the company’s stock were exchanged, compared to its average volume of 16,472. Kelly Partners Group has a 52 week low of $2.35 and a 52 week high of $7.34. The company has a 50-day simple moving average of $2.86 and a 200 day simple moving average of $3.37.

Kelly Partners Group is a professional services network that provides accounting and advisory services to businesses and individuals. The company operates a network model of locally branded partner firms that deliver a range of practice services, focusing on the needs of small and medium-sized enterprises (SMEs), private clients and not-for-profit organizations. Kelly Partners emphasizes personalized client relationships through its partner-led offices and centralized support functions.

The firm’s service offering typically includes accounting and tax compliance, business advisory and strategic planning, payroll and bookkeeping, corporate secretarial and compliance services, and wealth and superannuation advice.