Short Interest in Kingspan Group plc (OTCMKTS:KGSPY) Decreases By 63.6%

Kingspan Group plc (OTCMKTS:KGSPY) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 2,000 shares, a decline of 63.6% from the January 31st total of 5,500 shares. Based on an average daily volume of 37,800 shares, the days-to-cover ratio is presently 0.1 days.

Kingspan Group Stock Performance

Shares of OTCMKTS:KGSPY traded down $0.51 on Friday, hitting $81.87. 227,510 shares of the company were exchanged, compared to its average volume of 41,187. The company’s 50 day moving average price is $72.16 and its two-hundred day moving average price is $80.27. Kingspan Group has a one year low of $65.86 and a one year high of $99.85.

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.