Kingspan Group plc (OTCMKTS:KGSPY) Sees Significant Increase in Short Interest

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 11,700 shares, a growth of 11,600.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 38,200 shares, the short-interest ratio is presently 0.3 days.

Kingspan Group Stock Performance

KGSPY opened at $66.78 on Tuesday. Kingspan Group has a 52 week low of $65.86 and a 52 week high of $99.85. The stock’s fifty day moving average is $75.08 and its two-hundred day moving average is $84.61.

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.