KLDiscovery Inc. (OTCMKTS:KLDI) Sees Significant Decrease in Short Interest

by · The Markets Daily

KLDiscovery Inc. (OTCMKTS:KLDIGet Free Report) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 4,100 shares, a decline of 84.5% from the December 15th total of 26,400 shares. Based on an average daily volume of 32,300 shares, the short-interest ratio is presently 0.1 days.

KLDiscovery Price Performance

Shares of KLDiscovery stock remained flat at $0.05 on Monday. KLDiscovery has a 12 month low of $0.02 and a 12 month high of $0.50. The firm has a market cap of $2.12 million, a PE ratio of -0.03 and a beta of -0.64. The company’s fifty day moving average is $0.04 and its two-hundred day moving average is $0.06.

About KLDiscovery

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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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