KLDiscovery Inc. (OTCMKTS:KLDI) Short Interest Up 34.5% in July

KLDiscovery Inc. (OTCMKTS:KLDI) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 7,800 shares, a growth of 34.5% from the July 15th total of 5,800 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is currently 2.1 days.

KLDiscovery Price Performance

Shares of KLDiscovery stock remained flat at $0.09 on Thursday. The stock’s 50 day moving average price is $0.08 and its two-hundred day moving average price is $0.17. KLDiscovery has a 12-month low of $0.05 and a 12-month high of $2.80. The stock has a market capitalization of $3.84 million, a P/E ratio of -0.08 and a beta of -0.68.

About KLDiscovery

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.