Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Sees Large Decline in Short Interest

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 5,910,025 shares, a decline of 17.0% from the December 15th total of 7,116,488 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average trading volume of 808,730 shares, the days-to-cover ratio is currently 7.3 days. Based on an average trading volume of 808,730 shares, the days-to-cover ratio is currently 7.3 days. Approximately 2.3% of the company’s shares are short sold.

Hedge Funds Weigh In On Kingsoft Cloud

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. acquired a new position in shares of Kingsoft Cloud in the second quarter valued at $27,000. Farther Finance Advisors LLC bought a new position in shares of Kingsoft Cloud in the 2nd quarter valued at $100,000. Equitable Holdings Inc. bought a new position in shares of Kingsoft Cloud in the third quarter worth about $150,000. Beverly Hills Private Wealth LLC acquired a new stake in Kingsoft Cloud in the second quarter valued at approximately $126,000. Finally, Burns Matteson Capital Management LLC grew its position in Kingsoft Cloud by 23.1% during the 3rd quarter. Burns Matteson Capital Management LLC now owns 11,741 shares of the company’s stock worth $175,000 after acquiring an additional 2,207 shares during the last quarter. Institutional investors own 13.40% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.65.

Kingsoft Cloud Stock Down 3.7%

NASDAQ:KC opened at $11.90 on Monday. The stock has a 50-day simple moving average of $11.55 and a 200 day simple moving average of $13.23. 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 company has a market cap of $3.60 billion, a PE ratio of -22.88 and a beta of 2.03. Kingsoft Cloud has a 52-week low of $9.30 and a 52-week high of $22.26.

About Kingsoft Cloud

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.