Significant Decrease in Short Interest for Kingsoft Cloud Holdings Limited (NASDAQ: KC)

Photo of author
Written By Kevin MacDonald

Kingsoft Cloud Holdings Limited (NASDAQ: KC) experienced a notable decrease in short interest during the month of February. 

As of February 15th, there were 7,980,000 shares held short, representing an 8.4% decline from the January 31st total of 8,710,000 shares. 

With an average daily volume of 1,330,000 shares, the days-to-cover ratio stands at 6.0 days.

Institutional Movements

Several hedge funds and institutional investors have recently adjusted their positions in Kingsoft Cloud. PNC Financial Services Group Inc. increased its holdings by 220.6% in the 1st quarter, now owning 4,941 shares valued at $30,000 after acquiring an additional 3,400 shares. 

Credits: DepositPhotos

Rhumbline Advisers also increased its position by 98.6% in the 3rd quarter, now holding 5,600 shares valued at $28,000 after adding 2,780 shares. Royal Bank of Canada increased its position by 101.6% in the 2nd quarter, owning 7,938 shares valued at $48,000 after purchasing an additional 4,000 shares. 

Envestnet Asset Management Inc. and Engineers Gate Manager LP bought new stakes in Kingsoft Cloud, valued at approximately $53,000 and $67,000, respectively. Institutional investors and hedge funds now own approximately 17.68% of the company’s stock.

Read More: Chemours Faces Executive Misconduct and Financial Implications

Short Interest Trends and Market Sentiment

The decline in short interest for Kingsoft Cloud reflects shifting market sentiment and investor confidence in the company’s prospects. 

Short interest serves as an indicator of market sentiment, with a decrease suggesting reduced bearish sentiment or increasing confidence among investors.

Investors may interpret the decline in short interest as a positive signal, indicating a potential turnaround in sentiment towards Kingsoft Cloud. Reduced short interest could lead to decreased selling pressure on the stock, potentially contributing to upward price momentum.

Institutional Inflows and Outflows

Institutional investors play a significant role in shaping the market dynamics for Kingsoft Cloud. The recent adjustments in institutional holdings highlight the strategic positioning of various funds and investment firms in the company’s stock.

PNC Financial Services Group Inc.’s substantial increase in holdings demonstrates growing interest in Kingsoft Cloud among institutional investors. Similarly, Rhumbline Advisers and Royal Bank of Canada’s expanded positions suggest confidence in the company’s long-term growth prospects.

Also Read: Aditxt Inc. Focuses on Expanding its Portfolio in 2024

Price Performance and Market Outlook

Despite the decline in short interest, Kingsoft Cloud’s stock price has experienced volatility in recent months. The company’s price-to-earnings ratio and beta indicate the inherent risk and volatility associated with its stock.

Investors should consider the company’s fundamentals, market position, and competitive landscape when evaluating investment opportunities in Kingsoft Cloud. 

Credits: DepositPhotos

While short-term fluctuations may impact the stock price, long-term investors may focus on the company’s growth trajectory and potential for value creation in the cloud services market.

In conclusion, Kingsoft Cloud’s significant decrease in short interest reflects changing market sentiment and investor confidence in the company’s growth prospects. 

As the company continues to expand its cloud offerings and capture market share, investors may closely monitor developments and assess investment opportunities in Kingsoft Cloud Holdings Limited.

Read Next: Aptorum Group Faces Stock Decline After Announcing Direct Offering


You should read and understand this disclaimer in its entirety before joining or viewing the website or email/blog list of (the “Publisher”). The information (collectively the “Advertisement”) disseminated by email, text or other method by the Publisher including this publication is a paid commercial advertisement and should not be relied upon for making an investment decision or any other purpose. The Publisher is engaged in the business of marketing and advertising the securities of publicly traded companies in exchange for compensation. The track record, gains, upside, and/or losses mentioned in the Advertisement, if any, should not be considered as true or accurate or be the basis for an investment. The Publisher does not verify the accuracy or completeness of any information included in the Advertisement. While the Publisher does not charge for the SMS service, standard carrier message and data rates may apply. To unsubscribe from receiving promotional text messages to your phone sent via an autodialer, using your phone reply to the sender’s phone number with the word STOP or HELP for help.

The Advertisement is not a solicitation or recommendation to buy securities of the advertised company. An offer to buy or sell securities can be made only by a disclosure document that complies with applicable securities laws and only in the states or other jurisdictions in which the security is eligible for sale. The Advertisement is not a disclosure document. The Advertisement is only a favorable snapshot of unverified information about the advertised company. An investor considering purchasing the securities, should always do so only with the assistance of his legal, tax and investment advisors. Investors should review with his or her investment advisor, tax advisor or attorney, if and to the extent available, any information concerning a potential investment at the web sites of the U.S. Securities and Exchange Commission (the "SEC") at; the Financial Industry Regulatory Authority (the "FINRA") at, and relevant State Securities Administrator website and the OTC Markets website at The Publisher cautions investors to read the SEC advisory to investors concerning Internet Stock Fraud at, as well as related information published by the FINRA on how to invest carefully. Investors are responsible for verifying all information in the Advertisement. As an advertiser, we do not verify any information we publish. The Advertisement should not be considered true or complete.

The Publisher does not offer investment advice or analysis, and the Publisher further urges you to consult your own independent tax, business, financial and investment advisors concerning any investment you make in securities particularly those quoted on the OTC Markets. Investing in securities is highly speculative and carries an extremely high degree of risk. You could lose your entire investment if you invest in any company mentioned in the Advertisement. You acknowledge that we are not an investment advisory service, a broker-dealer or an investment adviser and we are not qualified to act as such. You acknowledge that you will consult with your own independent, tax, financial and/or legal advisers regarding any decisions as to any company mentioned here. We have not determined if the Advertisement is accurate, correct or truthful. The Advertisement is compiled from publicly available information, which include, but are not limited to, no cost online research, magazines, newspapers, reports filed with the SEC or information furnished by way of press releases. Because all information relied upon by us in preparing an advertisement about an issuer comes from a public source, it is not reliable, and you should not assume it is accurate or complete.

By your subscription to our profiles, the viewing of this profile and/or use of our website, you have agreed and acknowledged the terms of our full disclaimer and privacy policy which can be viewed at the following link: and

By accepting the Advertisement, you agree and acknowledge that any hyperlinks to the website of (1) a client company, (2) the party issuing or preparing the information for the company, or (3) other information contained in the Advertisement is provided only for your reference and convenience. The advertiser is not responsible for the accuracy or reliability of these external sites, nor is it responsible for the content, opinions, products or other materials on external sites or information sources. If you use, act upon or make decisions in reliance on information contained in any disseminated report/release or any hyperlink, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. You acknowledge that you are not relying on the Publisher, and we are not liable for, any actions taken by you based on any information contained in any disseminated email or hyperlink.