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

The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) was the recipient of a large increase in short interest during 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. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 97,600 shares, the short-interest ratio is currently 0.2 days.

The Sage Group Stock Performance

SGPYY stock traded up $0.55 during mid-day trading on Friday, reaching $62.06. 9,909 shares of the stock traded hands, compared to its average volume of 36,473. The business has a 50-day moving average of $62.70 and a two-hundred day moving average of $61.52. The Sage Group has a 52 week low of $49.22 and a 52 week high of $68.45. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.13.

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.