Short Interest in Kingspan Group plc (OTCMKTS:KGSPF) Drops By 16.5%

Kingspan Group plc (OTCMKTS:KGSPF) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 81,400 shares, a decrease of 16.5% from the January 15th total of 97,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 814.0 days.

Kingspan Group Stock Performance

Shares of KGSPF traded up $5.68 during mid-day trading on Monday, reaching $71.29. The stock had a trading volume of 9,042 shares, compared to its average volume of 4,571. Kingspan Group has a 12 month low of $65.61 and a 12 month high of $72.36. The business has a fifty day moving average of $79.87 and a 200 day moving average of $84.59.

Kingspan Group Company Profile

Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation, Roofing + Waterproofing, Light, Air + Water, and Data + Flooring.