Short Interest in Kingspan Group plc (OTCMKTS:KGSPF) Drops By 16.5%

Kingspan Group plc (OTCMKTS:KGSPF) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 81,400 shares, a decline of 16.5% from the January 15th total of 97,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 814.0 days.

Kingspan Group Stock Up 8.7 %

Shares of KGSPF traded up $5.68 during mid-day trading on Monday, hitting $71.29. 9,042 shares of the company traded hands, compared to its average volume of 4,571. The stock has a 50-day moving average price of $79.87 and a two-hundred day moving average price of $84.59. Kingspan Group has a 1 year low of $65.61 and a 1 year high of $72.36.

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.