Kahoot! ASA (OTCMKTS:KHOTF) Short Interest Up 32.8% in March

Kahoot! ASA (OTCMKTS:KHOTFGet Rating) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,374,200 shares, an increase of 32.8% from the March 15th total of 1,788,300 shares. Based on an average trading volume of 56,400 shares, the short-interest ratio is presently 42.1 days.

KHOTF stock opened at $2.98 on Monday. Kahoot! ASA has a 12 month low of $2.45 and a 12 month high of $11.00. The company has a fifty day moving average price of $3.12 and a 200 day moving average price of $4.58.

Several analysts recently issued reports on KHOTF shares. Kepler Capital Markets lowered shares of Kahoot! ASA from a “buy” rating to a “hold” rating in a report on Monday, February 28th. DNB Markets raised Kahoot! ASA from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research note on Monday, February 21st. The Goldman Sachs Group assumed coverage on Kahoot! ASA in a research note on Thursday, January 20th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. upgraded shares of Kahoot! ASA from a “neutral” rating to an “overweight” rating in a research note on Wednesday, February 9th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $41.00.

Kahoot! ASA Company Profile (Get Rating)

Kahoot! ASA operates a game-based learning platform in the United States, Canada, Europe, the Asia Pacific, the Latin America and the Caribbean, Africa, the Middle East, and India. The company's platforms help to create, share, and play learning games. It offers Kahoot! Learning platform for learning and engagement services; Actimo, an employee engagement platform which connects and engages Organizations work teams; Drops, a language learning app for visuals and play; Kahoot! DragonBox app for math learning; and Kahoot! Poio Read app, which empowers children to learn to read through play.

Recommended Stories

Receive News & Ratings for Kahoot! ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kahoot! ASA and related companies with MarketBeat.com's FREE daily email newsletter.