Kelly Partners Group Holdings Limited (OTCMKTS:KPGHF) Sees Large Growth in Short Interest

Kelly Partners Group Holdings Limited (OTCMKTS:KPGHF) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 12,444 shares, an increase of 153.8% from the June 15th total of 4,904 shares. Based on an average trading volume of 22,525 shares, the days-to-cover ratio is currently 0.6 days.

Kelly Partners Group Price Performance

OTCMKTS:KPGHF traded up $0.05 during midday trading on Wednesday, hitting $2.65. 1,000 shares of the company were exchanged, compared to its average volume of 18,366. Kelly Partners Group has a fifty-two week low of $2.35 and a fifty-two week high of $7.88. The company has a fifty day simple moving average of $2.86 and a 200 day simple moving average of $4.10.

Kelly Partners Group is a professional services network that provides accounting and advisory services to businesses and individuals. The company operates a network model of locally branded partner firms that deliver a range of practice services, focusing on the needs of small and medium-sized enterprises (SMEs), private clients and not-for-profit organizations. Kelly Partners emphasizes personalized client relationships through its partner-led offices and centralized support functions.

The firm’s service offering typically includes accounting and tax compliance, business advisory and strategic planning, payroll and bookkeeping, corporate secretarial and compliance services, and wealth and superannuation advice.