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

Kingspan Group plc (OTCMKTS:KGSPY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 100,100 shares, an increase of 4,905.0% from the February 13th total of 2,000 shares. Based on an average trading volume of 158,700 shares, the days-to-cover ratio is presently 0.6 days.

Kingspan Group Trading Up 0.1 %

Shares of Kingspan Group stock opened at $88.15 on Thursday. The company’s 50-day moving average price is $74.61 and its two-hundred day moving average price is $80.18. Kingspan Group has a 52 week low of $65.86 and a 52 week 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.