Short Interest in Kingfisher plc (OTCMKTS:KGFHY) Rises By 111.6%

Kingfisher plc (OTCMKTS:KGFHY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 36,600 shares, an increase of 111.6% from the December 15th total of 17,300 shares. Based on an average trading volume of 305,000 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. UBS Group raised Kingfisher from a “strong sell” rating to a “hold” rating in a research note on Monday, September 23rd. Barclays upgraded shares of Kingfisher to a “hold” rating in a report on Friday, September 27th.

Kingfisher Stock Up 4.7 %

KGFHY traded up $0.26 during trading hours on Thursday, hitting $5.80. 171,487 shares of the company’s stock were exchanged, compared to its average volume of 199,619. Kingfisher has a 12-month low of $5.26 and a 12-month high of $8.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 0.30. The firm has a 50 day moving average of $6.44 and a 200 day moving average of $7.15.

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.