Short Interest in KP Tissue Inc. (OTCMKTS:KPTSF) Decreases By 24.3%

KP Tissue Inc. (OTCMKTS:KPTSF) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 50,672 shares, a drop of 24.3% from the November 30th total of 66,923 shares. Based on an average daily volume of 1,728 shares, the short-interest ratio is currently 29.3 days. Based on an average daily volume of 1,728 shares, the short-interest ratio is currently 29.3 days.

KP Tissue Stock Performance

KPTSF stock traded up $0.01 during mid-day trading on Tuesday, hitting $7.66. The stock had a trading volume of 280 shares, compared to its average volume of 1,579. KP Tissue has a 1-year low of $5.30 and a 1-year high of $7.66. The company has a fifty day moving average of $7.11 and a 200 day moving average of $6.88.

About KP Tissue

KP Tissue Inc is a Canadian manufacturer and marketer of tissue and hygiene products, operating as an independent public company since its spin-off from Kruger Inc in March 2013. Headquartered in Mississauga, Ontario, the company focuses on both consumer and away-from-home markets, leveraging its integrated manufacturing platform to produce a wide range of products designed for household, commercial, and institutional use.

The company’s product portfolio includes retail tissue brands such as Cashmere, Purex, Scotties, and SpongeTowels, as well as private-label offerings and specialty products for food service, healthcare, and industrial end users.