KLDiscovery Inc. (OTCMKTS:KLDI) Short Interest Down 8.2% in September

by · The Cerbat Gem

KLDiscovery Inc. (OTCMKTS:KLDI – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 7,800 shares, a drop of 8.2% from the September 15th total of 8,500 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.7 days.

KLDiscovery Price Performance

OTCMKTS KLDI opened at $0.04 on Friday. The company has a market capitalization of $1.74 million, a PE ratio of -0.04 and a beta of -0.70. KLDiscovery has a 12-month low of $0.02 and a 12-month high of $2.05. The firm’s 50 day moving average is $0.07 and its 200-day moving average is $0.10.

KLDiscovery (OTCMKTS:KLDI – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported ($0.34) earnings per share for the quarter. The firm had revenue of $78.97 million for the quarter. KLDiscovery had a negative return on equity of 607.40% and a negative net margin of 20.91%.

KLDiscovery Company Profile

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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.

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