Kingspan Group plc (OTCMKTS:KGSPY) Sees Significant Growth in Short Interest

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 11,700 shares, an increase of 11,600.0% from the December 31st total of 100 shares. Based on an average daily volume of 38,200 shares, the short-interest ratio is presently 0.3 days.

Kingspan Group Trading Down 0.2 %

OTCMKTS KGSPY opened at $71.40 on Wednesday. The business’s 50-day moving average price is $72.87 and its two-hundred day moving average price is $83.15. Kingspan Group has a 12 month low of $65.86 and a 12 month high of $99.85.

About Kingspan Group

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.