Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Short Interest Down 15.4% in January

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 4,420,161 shares, a drop of 15.4% from the January 15th total of 5,226,291 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily trading volume, of 1,407,963 shares, the short-interest ratio is presently 3.1 days. Based on an average daily trading volume, of 1,407,963 shares, the short-interest ratio is presently 3.1 days. Approximately 1.7% of the company’s shares are short sold.

Kingsoft Cloud Price Performance

Kingsoft Cloud stock traded down $0.40 during midday trading on Wednesday, reaching $13.73. 623,355 shares of the company were exchanged, compared to its average volume of 1,438,989. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of -26.38 and a beta of 2.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.93 and a current ratio of 0.93. The firm’s 50-day simple moving average is $12.13 and its 200-day simple moving average is $13.13. Kingsoft Cloud has a 1 year low of $10.29 and a 1 year high of $22.26.

Wall Street Analyst Weigh In

KC has been the topic of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Thursday, January 22nd. Zacks Research upgraded shares of Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, The Goldman Sachs Group upgraded shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price target for the company in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.30.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. OLD Mission Capital LLC purchased a new stake in shares of Kingsoft Cloud in the fourth quarter valued at $675,000. Millennium Management LLC acquired a new stake in Kingsoft Cloud in the 4th quarter worth about $353,000. Engineers Gate Manager LP grew its holdings in Kingsoft Cloud by 50.2% in the 4th quarter. Engineers Gate Manager LP now owns 17,025 shares of the company’s stock valued at $176,000 after buying an additional 5,690 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Kingsoft Cloud during the 4th quarter valued at about $988,000. Finally, Defiance ETFs LLC purchased a new position in shares of Kingsoft Cloud during the 4th quarter worth about $6,463,000. Hedge funds and other institutional investors own 13.40% of the company’s stock.

Kingsoft Cloud Company Profile

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.