Short Interest in KLDiscovery Inc. (OTCMKTS:KLDI) Grows By 52.6%

KLDiscovery Inc. (OTCMKTS:KLDI) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 5,800 shares, an increase of 52.6% from the June 30th total of 3,800 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is currently 1.2 days.

KLDiscovery Stock Up 12.1 %

Shares of OTCMKTS:KLDI traded up $0.01 during trading on Monday, hitting $0.09. The stock had a trading volume of 7,500 shares, compared to its average volume of 62,129. KLDiscovery has a 12-month low of $0.05 and a 12-month high of $3.00. The stock has a market capitalization of $3.88 million, a price-to-earnings ratio of -0.08 and a beta of -0.67. The stock has a 50-day simple moving average of $0.08 and a two-hundred day simple moving average of $0.18.

KLDiscovery (OTCMKTS:KLDI) last issued its earnings results on Wednesday, May 8th. The company reported ($0.39) earnings per share for the quarter. KLDiscovery had a negative return on equity of 607.40% and a negative net margin of 14.07%. The business had revenue of $80.17 million for the quarter.

KLDiscovery Company Profile

KLDiscovery Inc provides eDiscovery, information governance, and data recovery solutions to corporations, law firms, insurance companies, and individuals worldwide. The company offers Nebula, an end-to-end eDiscovery solution that facilitates smarter ways to cull, process, review, and manage documents in an intuitive interface; Client Portal for consolidated visualizations and reporting for portfolio intelligence; KLD Processing, a proprietary processing application; ReadySuite to perform extensive QC on a production, normalize inbound submissions, or spot check the work of a colleague or supplier; Relativity for relativity enhancements and state-of-the-art HIVE infrastructure; Nebula Processing to process data with a higher degree of quality; and Nebula AI, a technology assisted review tool combined with a deep bench of experts, as well as managed services, remote document review, and managed document review services.