Kingfisher plc (OTCMKTS:KGFHY) Sees Significant Increase in Short Interest

Kingfisher plc (OTCMKTS:KGFHY) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 11,700 shares, an increase of 192.5% from the January 31st total of 4,000 shares. Based on an average daily volume of 195,100 shares, the days-to-cover ratio is presently 0.1 days.

Kingfisher Price Performance

OTCMKTS:KGFHY traded down $0.06 during trading hours on Friday, reaching $6.17. The company’s stock had a trading volume of 131,818 shares, compared to its average volume of 134,816. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 1.26. The stock has a 50 day moving average price of $6.05 and a two-hundred day moving average price of $6.98. Kingfisher has a 12 month low of $5.47 and a 12 month high of $8.80.

About Kingfisher

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.