Kier Group plc (OTCMKTS:KIERF) Sees Large Increase in Short Interest

Kier Group plc (OTCMKTS:KIERF) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 22.0 days.

Kier Group Stock Performance

Shares of OTCMKTS KIERF remained flat at $1.97 during mid-day trading on Thursday. The firm has a 50-day simple moving average of $1.25 and a 200-day simple moving average of $1.38. Kier Group has a one year low of $1.97 and a one year high of $1.97.

Kier Group Company Profile

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.