Short Interest in K+S Aktiengesellschaft (OTCMKTS:KPLUF) Increases By 19.4%

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 169,064 shares, an increase of 19.4% from the February 26th total of 141,602 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 1,690.6 days.

Analysts Set New Price Targets

Several analysts recently issued reports on KPLUF shares. DZ Bank downgraded K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. Scotiabank cut shares of K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Monday, March 16th. Three research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Strong Sell”.

K+S Aktiengesellschaft Stock Performance

Shares of K+S Aktiengesellschaft stock opened at $17.63 on Tuesday. K+S Aktiengesellschaft has a twelve month low of $13.04 and a twelve month high of $21.21. The business has a 50-day moving average price of $17.51 and a 200-day moving average price of $15.08.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft is a Germany-based specialty chemicals and fertilizer company with a primary focus on the extraction and production of potash and salt. The company traces its origins back to the late 19th century, when potassium mining began in the Werra district of central Germany. Today, K+S operates as an independent publicly traded enterprise, leveraging decades of experience in mineral resources to serve agricultural and industrial markets worldwide.

The company’s core business activities include the mining, processing and marketing of potash and magnesium products for use in crop nutrition, as well as the sale of salt for de-icing, water treatment and industrial applications.