Kier Group plc (OTCMKTS:KIERF) Sees Large Increase in Short Interest

Kier Group plc (OTCMKTS:KIERF) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the June 30th total of 100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 22.0 days.

Kier Group Stock Performance

Shares of KIERF stock remained flat at $1.97 on Thursday. The stock’s 50-day moving average price is $1.25 and its 200-day moving average price is $1.38. Kier Group has a 12-month low of $1.97 and a 12-month high of $1.97.

About Kier Group

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.