The Sage Group plc (OTCMKTS:SGPYY – Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 600 shares, a decline of 73.9% from the August 15th total of 2,300 shares. Based on an average trading volume of 27,500 shares, the short-interest ratio is presently 0.0 days.
Analysts Set New Price Targets
Separately, Barclays raised shares of The Sage Group to a “strong sell” rating in a research report on Wednesday, July 31st.
Check Out Our Latest Analysis on The Sage Group
The Sage Group Price Performance
About The Sage Group
The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.
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