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

Kingspan Group plc (OTCMKTS:KGSPY) saw a large increase in short interest in 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 Stock Performance

Shares of Kingspan Group stock opened at $71.40 on Wednesday. The company’s 50 day moving average price is $72.87 and its two-hundred day moving average price is $83.15. Kingspan Group has a fifty-two week low of $65.86 and a fifty-two week high of $99.85.

Kingspan Group Company Profile

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.