Short Interest in K+S Aktiengesellschaft (OTCMKTS:KPLUF) Grows By 41.4%

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 141,602 shares, an increase of 41.4% from the February 12th total of 100,163 shares. Based on an average daily trading volume, of 33 shares, the short-interest ratio is currently 4,291.0 days. Based on an average daily trading volume, of 33 shares, the short-interest ratio is currently 4,291.0 days.

K+S Aktiengesellschaft Stock Down 3.9%

K+S Aktiengesellschaft stock opened at $20.25 on Monday. K+S Aktiengesellschaft has a fifty-two week low of $13.04 and a fifty-two week high of $21.21. The firm’s fifty day moving average price is $16.26 and its 200-day moving average price is $14.64.

Wall Street Analysts Forecast Growth

Separately, Scotiabank raised shares of K+S Aktiengesellschaft to a “hold” rating in a report on Friday, November 28th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, K+S Aktiengesellschaft presently has a consensus rating of “Reduce”.

About K+S Aktiengesellschaft

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.