Kingfisher plc (OTCMKTS:KGFHY) Short Interest Up 7.5% in September

Kingfisher plc (OTCMKTS:KGFHY) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 150,200 shares, a growth of 7.5% from the September 15th total of 139,700 shares. Based on an average trading volume of 380,100 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

A number of research firms recently weighed in on KGFHY. Barclays raised Kingfisher to a “hold” rating in a report on Friday, September 27th. UBS Group raised Kingfisher from a “strong sell” rating to a “hold” rating in a report on Monday, September 23rd. Finally, Citigroup raised Kingfisher to a “hold” rating in a report on Wednesday, August 28th.

Kingfisher Stock Up 0.3 %

KGFHY opened at $8.12 on Wednesday. The business has a fifty day simple moving average of $7.73 and a 200 day simple moving average of $6.96. Kingfisher has a 1 year low of $4.80 and a 1 year high of $8.80. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 1.26.

Kingfisher Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, November 20th. Investors of record on Friday, October 11th will be paid a $0.088 dividend. The ex-dividend date of this dividend is Friday, October 11th.

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing, and IT services. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands.