KLDiscovery Inc. (OTCMKTS:KLDI) Short Interest Up 9.0% in August

KLDiscovery Inc. (OTCMKTS:KLDI) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 8,500 shares, an increase of 9.0% from the August 15th total of 7,800 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 5.0 days.

KLDiscovery Stock Performance

Shares of OTCMKTS:KLDI remained flat at $0.09 during midday trading on Tuesday. The company’s 50 day simple moving average is $0.08 and its two-hundred day simple moving average is $0.13. KLDiscovery has a 1-year low of $0.05 and a 1-year high of $2.55. The firm has a market cap of $3.92 million, a PE ratio of -0.08 and a beta of -0.70.

KLDiscovery (OTCMKTS:KLDI) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.34) earnings per share (EPS) for the quarter. The firm had revenue of $78.97 million during the quarter. KLDiscovery had a negative net margin of 20.91% 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.