Short Interest in Kingspan Group plc (OTCMKTS:KGSPF) Grows By 23.8%

Kingspan Group plc (OTCMKTS:KGSPF) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 108,600 shares, a growth of 23.8% from the February 13th total of 87,700 shares. Based on an average trading volume of 18,200 shares, the short-interest ratio is currently 6.0 days.

Kingspan Group Price Performance

Shares of OTCMKTS:KGSPF opened at $87.50 on Tuesday. The business’s 50 day moving average price is $78.67 and its 200-day moving average price is $82.85. Kingspan Group has a 1 year low of $65.61 and a 1 year high of $93.29.

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.