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

KLDiscovery Inc. (OTCMKTS:KLDI) saw a large increase in short interest during the month of 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 daily trading volume, of 4,800 shares, the short-interest ratio is currently 1.2 days.

KLDiscovery Stock Performance

OTCMKTS:KLDI traded up $0.01 during mid-day 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 twelve month low of $0.05 and a twelve month high of $3.00. The stock has a market cap of $3.88 million, a price-to-earnings ratio of -0.08 and a beta of -0.67. The company’s 50 day simple moving average is $0.08 and its 200 day simple moving average is $0.18.

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

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.