Kahoot! ASA (OTCMKTS:KHOTF – Get Rating) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 3,461,300 shares, a growth of 11.1% from the July 15th total of 3,114,400 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 323.5 days.

Kahoot! ASA Price Performance

OTCMKTS:KHOTF opened at $2.73 on Tuesday. Kahoot! ASA has a 1-year low of $1.70 and a 1-year high of $8.76. The business's 50-day moving average price is $2.11 and its two-hundred day moving average price is $2.65.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on KHOTF shares. Nordea Equity Research cut shares of Kahoot! ASA from a "buy" rating to a "hold" rating in a research report on Thursday, May 5th. DNB Markets lowered Kahoot! ASA from a "hold" rating to a "sell" rating in a research note on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on Kahoot! ASA from 40.00 to 37.00 and set an "overweight" rating for the company in a research report on Tuesday, May 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $39.00.

About Kahoot! ASA

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 host learning sessions. It offers Kahoot! Learning platform for learning and engagement services; employee engagement and learning platforms, such as Actimo and Motimate; 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.

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